Bill Status of HB0569  102nd General Assembly

Short Description:  INC TX-INVESTMENT PARTNERSHIP

House Sponsors
Rep. Jonathan Carroll and Margaret Croke

Last Action
DateChamber Action
  1/10/2023HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/1501from Ch. 120, par. 15-1501


Synopsis As Introduced
Amends the Illinois Income Tax Act. Makes changes to the definition of investment partnership to provide that a dealer in qualifying investment securities may be considered an investment partnership. Allows a partnership interest to be considered a qualified security if the interest qualifies as a security within the meaning of Section 2(a)(1) of the federal Securities Act of 1933. Effective immediately.

Actions 
DateChamber Action
  2/3/2021HouseFiled with the Clerk by Rep. Jonathan Carroll
  2/8/2021HouseFirst Reading
  2/8/2021HouseReferred to Rules Committee
  2/26/2021HouseMotion Filed - Table Bill/Resolution Pursuant to Rule 60(b), Rep. Jonathan Carroll
  3/2/2021HouseAssigned to Revenue & Finance Committee
  3/5/2021HouseAdded Co-Sponsor Rep. Margaret Croke
  3/11/2021HouseTo Income Tax Subcommittee
  3/27/2021HouseRule 19(a) / Re-referred to Rules Committee
  11/29/2021HouseRule 19(b) / Motion Referred to Rules Committee
  1/10/2023HouseSession Sine Die