Illinois General Assembly - Bill Status for SB0344
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 Bill Status of SB0344  98th General Assembly


Short Description:  INC TX-DEDUCTION-OLYMPIC MEDAL

Senate Sponsors
Sen. Julie A. Morrison - Michael Noland - Jacqueline Y. Collins

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

Statutes Amended In Order of Appearance
35 ILCS 200/31-15


Synopsis As Introduced
Amends the Property Tax Code. Makes a technical change in a Section concerning the collection of tax.

Senate Floor Amendment No. 1
Deletes reference to:
35 ILCS 200/31-15
Adds reference to:
35 ILCS 5/203from Ch. 120, par. 2-203

Replaces everything after the enacting clause. Amends the Illinois Income Tax Act. Creates a deduction in an amount equal to the value of any medal awarded in, or any prize money received from the United States Olympic Committee on account of, competition in the Olympic Games.

Senate Floor Amendment No. 2
Provides that the deduction applies to medals or prize money awarded for competition in the Olympic or Paralympic Games (in the introduced bill, the Olympic Games only).

Actions 
DateChamber Action
  1/23/2013SenateFiled with Secretary by Sen. John J. Cullerton
  1/23/2013SenateFirst Reading
  1/23/2013SenateReferred to Assignments
  3/13/2013SenateAssigned to Executive
  3/20/2013SenateDo Pass Executive; 010-000-000
  3/20/2013SenatePlaced on Calendar Order of 2nd Reading March 21, 2013
  4/12/2013SenateSecond Reading
  4/12/2013SenatePlaced on Calendar Order of 3rd Reading April 16, 2013
  4/16/2013SenateRe-referred to Assignments
  2/18/2014SenateApproved for Consideration Assignments
  2/18/2014SenatePlaced on Calendar Order of 3rd Reading February 19, 2014
  2/18/2014SenateChief Sponsor Changed to Sen. Julie A. Morrison
  2/18/2014SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Julie A. Morrison
  2/18/2014SenateSenate Floor Amendment No. 1 Referred to Assignments
  2/19/2014SenateSenate Floor Amendment No. 2 Filed with Secretary by Sen. Julie A. Morrison
  2/19/2014SenateSenate Floor Amendment No. 2 Referred to Assignments
  2/19/2014SenateSenate Floor Amendment No. 1 Assignments Refers to Revenue
  2/19/2014SenateSenate Floor Amendment No. 2 Assignments Refers to Revenue
  2/19/2014SenateAdded as Chief Co-Sponsor Sen. Michael Noland
  2/19/2014SenateAdded as Chief Co-Sponsor Sen. Jacqueline Y. Collins
  2/20/2014SenateSenate Floor Amendment No. 1 Recommend Do Adopt Revenue; 010-002-000
  2/20/2014SenateSenate Floor Amendment No. 2 Recommend Do Adopt Revenue; 010-002-000
  2/20/2014SenateRecalled to Second Reading
  2/20/2014SenateSenate Floor Amendment No. 1 Adopted; Morrison
  2/20/2014SenateSenate Floor Amendment No. 2 Adopted; Morrison
  2/20/2014SenatePlaced on Calendar Order of 3rd Reading February 25, 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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