Bill Status of HB0391  99th General Assembly

Short Description:  CORPORATIONS-FRANCHISE TAXES

House Sponsors
Rep. David Harris - Robert W. Pritchard, Margo McDermed, Reginald Phillips and Carol Sente

Last Action
DateChamber Action
  1/10/2017HouseSession Sine Die

Statutes Amended In Order of Appearance
220 ILCS 5/4-204from Ch. 111 2/3, par. 4-204
310 ILCS 5/4from Ch. 67 1/2, par. 154
625 ILCS 5/18a-200from Ch. 95 1/2, par. 18a-200
625 ILCS 5/18c-1704from Ch. 95 1/2, par. 18c-1704
805 ILCS 5/1.17from Ch. 32, par. 1.17
805 ILCS 5/1.70from Ch. 32, par. 1.70
805 ILCS 5/1.80from Ch. 32, par. 1.80
805 ILCS 5/2.10from Ch. 32, par. 2.10
805 ILCS 5/9.05from Ch. 32, par. 9.05
805 ILCS 5/9.20
805 ILCS 5/12.20from Ch. 32, par. 12.20
805 ILCS 5/12.35from Ch. 32, par. 12.35
805 ILCS 5/12.45from Ch. 32, par. 12.45
805 ILCS 5/13.15from Ch. 32, par. 13.15
805 ILCS 5/13.45from Ch. 32, par. 13.45
805 ILCS 5/13.50from Ch. 32, par. 13.50
805 ILCS 5/13.60from Ch. 32, par. 13.60
805 ILCS 5/13.70from Ch. 32, par. 13.70
805 ILCS 5/14.01from Ch. 32, par. 14.01
805 ILCS 5/14.05from Ch. 32, par. 14.05
805 ILCS 5/14.15from Ch. 32, par. 14.15
805 ILCS 5/14.20from Ch. 32, par. 14.20
805 ILCS 5/14.25from Ch. 32, par. 14.25
805 ILCS 5/14.30from Ch. 32, par. 14.30
805 ILCS 5/14.35from Ch. 32, par. 14.35
805 ILCS 5/Art. 15 heading
805 ILCS 5/15.05from Ch. 32, par. 15.05
805 ILCS 5/15.50from Ch. 32, par. 15.50
805 ILCS 5/15.85from Ch. 32, par. 15.85
805 ILCS 5/15.90from Ch. 32, par. 15.90
805 ILCS 5/15.97from Ch. 32, par. 15.97
805 ILCS 5/16.05from Ch. 32, par. 16.05
805 ILCS 5/15.35 rep.
805 ILCS 5/15.40 rep.
805 ILCS 5/15.45 rep.
805 ILCS 5/15.65 rep.
805 ILCS 5/15.70 rep.
805 ILCS 5/15.75 rep.
805 ILCS 5/15.80 rep.


Synopsis As Introduced
Amends the Business Corporation Act of 1983. Removes the terms "franchise tax" and "franchise taxes" from the provisions of the Act. Repeals provisions concerning (i) franchise taxes payable by domestic and foreign corporations; (ii) the basis for computation of franchise taxes payable by domestic and foreign corporations; (iii) the rates of franchise taxes payable by domestic and foreign corporations; and (iv) computation and collection of annual franchise taxes by the Secretary of State. Makes other changes. Amends the Public Utilities Act, the State Housing Act, and the Illinois Vehicle Code by changing all references to franchise taxes imposed under the Business Corporation Act of 1983 to conform with the changes made to the Business Corporation Act of 1983 under the amendatory Act. Effective immediately.

Actions 
DateChamber Action
  1/28/2015HouseFiled with the Clerk by Rep. David Harris
  1/28/2015HouseFirst Reading
  1/28/2015HouseReferred to Rules Committee
  2/6/2015HouseAdded Chief Co-Sponsor Rep. Robert W. Pritchard
  2/13/2015HouseAssigned to Revenue & Finance Committee
  2/20/2015HouseTo Sales and Other Taxes Subcommittee
  3/3/2015HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. David Harris
  3/3/2015HouseHouse Committee Amendment No. 1 Referred to Rules Committee
  3/4/2015HouseHouse Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
  3/11/2015HouseAdded Co-Sponsor Rep. Margo McDermed
  3/11/2015HouseAdded Co-Sponsor Rep. Reginald Phillips
  3/19/2015HouseAdded Co-Sponsor Rep. Carol Sente
  3/27/2015HouseRule 19(a) / Re-referred to Rules Committee
  3/27/2015HouseHouse Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee
  1/10/2017HouseSession Sine Die