HB 1396 Illinois House · 104th Regular Session

INC TX-FOREIGN TAX

Summary
Amends the Illinois Income Tax Act. Provides that provisions concerning a credit for foreign taxes shall be applied without regard to provisions concerning distributions of investment partnership income to nonresident partners. Effective immediately.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 15, 2025 Last action Apr 11, 2025
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Full legislative history

Actions timeline

Total actions
13
Key actions
1
Committee
4
Apr 11, 2025
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 13, 2025
Lower · Passed
Do Pass / Short Debate Revenue & Finance Committee; 018-000-000
lower
Feb 11, 2025
Committee
Assigned to Revenue & Finance Committee
lower
Jan 28, 2025
Committee
Referred to Rules Committee
lower
1 primary · 4 co-sponsors

Sponsors