Illinois House of Representatives bill in Session 104.
Status: in_committee. Latest action: March 27, 2026.
INC TX-ENTITY BASE.
Amends the Illinois Income Tax Act. In provisions concerning the entity-level tax, provides that a partnership making an entity-level tax election may elect to determine its tax base using a full distributive share method or an Illinois-sourced income method. Effective immediately.
| Date | Event | Detail |
|---|---|---|
| 2026-02-10 | Introduced | Bill introduced |
| 2026-03-27 | Status | in_committee |
| 2026-03-27 | Latest Action | 3/27/2026 - House: |