HB2702 - 104th General Assembly

INC TX-PASS-THROUGH ENTITIES
Last Action
3/21/2025 - House: Rule 19(a) / Re-referred to Rules Committee
House Sponsors
Rep. Curtis J. Tarver, II
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Illinois Income Tax Act. Removes provisions providing that the pass-through entity level election applies only for tax years beginning prior to January 1, 2026. Effective immediately.
Actions
Date Chamber Action
2/04/2025 House Filed with the Clerk by Rep. Curtis J. Tarver, II
2/06/2025 House First Reading
2/06/2025 House Referred to Rules Committee
3/04/2025 House Assigned to Revenue & Finance Committee
3/06/2025 House To Tax Policy: Income Tax Subcommittee
3/21/2025 House Rule 19(a) / Re-referred to Rules Committee