Illinois General Assembly - Bill Status for SB3422
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 Bill Status of SB3422  98th General Assembly


Short Description:  INC TX-PARTNERSHIP INTEREST

Senate Sponsors
Sen. John M. Sullivan - Don Harmon

Last Action
DateChamber Action
  1/13/2015SenateSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/305from Ch. 120, par. 3-305
35 ILCS 5/307from Ch. 120, par. 3-307
35 ILCS 5/308from Ch. 120, par. 3-308


Synopsis As Introduced
Amends the Illinois Income Tax Act. Contains provisions concerning the apportionment to nonresidents of gains or losses on partnerships, trusts, or stock in Subchapter S corporations upon the sale, exchange, abandonment, liquidation, or other disposition of the interest in the partnership, trust, or stock.

Actions 
DateChamber Action
  2/14/2014SenateFiled with Secretary by Sen. John M. Sullivan
  2/14/2014SenateFirst Reading
  2/14/2014SenateReferred to Assignments
  2/25/2014SenateAssigned to Revenue
  3/6/2014SenatePostponed - Revenue
  3/19/2014SenateAdded as Chief Co-Sponsor Sen. Don Harmon
  3/21/2014SenatePostponed - Revenue
  3/27/2014SenateDo Pass Revenue; 011-000-000
  3/27/2014SenatePlaced on Calendar Order of 2nd Reading April 1, 2014
  4/11/2014SenateRule 2-10 Third Reading Deadline Established As May 1, 2014
  7/1/2014SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments
  1/13/2015SenateSession Sine Die

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