Bill Status of SB2330  103rd General Assembly

Short Description:  REVENUE-NET LOSS

Senate Sponsors
Sen. Chapin Rose

Last Action
DateChamber Action
  2/10/2023SenateReferred to Assignments

Statutes Amended In Order of Appearance
35 ILCS 5/207from Ch. 120, par. 2-207

Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that no carryover deduction shall exceed $100,000 for any taxable year ending on or after December 31, 2021 and ending prior to December 31, 2023 (currently, December 31, 2024). Effective immediately.

DateChamber Action
  2/10/2023SenateFiled with Secretary by Sen. Chapin Rose
  2/10/2023SenateFirst Reading
  2/10/2023SenateReferred to Assignments