INC TX-ILLINOIS SOURCES
- Introduced Feb 9, 2023
- In committee Feb 9, 2023
- Died
- Passed the House
- To the governor
- Became law
What it does
The legislature's own summary of the bill, or its official long title.
Amends the Illinois Income Tax Act. Provides that, when calculating the taxpayer's base income, the taxpayer's federal adjusted gross income shall be modified to exclude (i) the portion of income or loss that is received from a trade or business conducted within and without Illinois and that is not derived from or connected with Illinois sources and (ii) the portion of income or loss that is received from a pass-through entity conducting business within and without Illinois and that is not derived from or connected with Illinois sources. Effective immediately.
Every action
6 steps, oldest first, as the legislature records them.
- SenateFiled with Secretary by Sen. Chapin Rose
- SenateFirst Reading
- CommitteeReferred to Assignments · Senate Assignments
- CommitteeAssigned to Revenue · Senate Revenue
- CommitteeRule 3-9(a) / Re-referred to Assignments · Senate Assignments
- SenateSession Sine Die
Roll calls
No recorded votes on this bill yet.
Sponsors
The member who introduced it.
-
Chapin RoseR Primary sponsor · District 51
From Illinois's official records (www.ilga.gov), checked Nov 2, 2026. Text links go to the official versions; LegiList does not copy bill text.