91st General Assembly
Summary of HB2755
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House Sponsors:
GIGLIO.

Short description: 
INC TX-RECIPROCAL AGREEMENTS                                               

Synopsis of Bill as introduced:
        Amends the Illinois Income Tax Act to provide that  the  Director      
   of Revenue must, if possible, (instead of may) enter into a reciprocal      
   agreement with any  state  to  exempt  Illinois  residents  from  that      
   state's income taxes and withholding.  Provides that for taxable years      
   1998  and  1999, the Department must refund to each qualified taxpayer      
   who had 1998 and 1999 tax liability  in  Indiana  the  amount  of  the      
   residential  property  tax  credit  that  the  taxpayer is entitled to      
   receive if the taxpayer did not request or receive the credit.  Amends      
   the  Civil  Administrative  Code  of Illinois to delete the provisions      
   mandating a reciprocal agreement cost study, authorizing  compensation      
   agreements,  and  authorizing  the  General  Assembly  to  direct  the      
   revocation  of  a  reciprocal agreement by joint resolution. Effective      
   immediately.                                                                
 
Last action on Bill: SESSION SINE DIE

   Last action date: 01-01-09

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status