IllinoisSB0145104th General Assembly (2025–2026)Senate

INC TX-FOREIGN TAX

Sponsored By: Bill Cunningham (Democratic)

In Committee

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.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Bill Cunningham

    Democratic • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Rule 3-9(a) / Re-referred to Assignments

    6/2/2025Senate
  2. Rule 2-10 Committee/3rd Reading Deadline Established As June 1, 2025

    5/23/2025Senate
  3. Rule 2-10 Committee/3rd Reading Deadline Established As May 23, 2025

    5/9/2025Senate
  4. Rule 2-10 Committee Deadline Established As May 9, 2025

    4/11/2025Senate
  5. Rule 2-10 Committee Deadline Established As April 11, 2025

    3/21/2025Senate
  6. Assigned to Revenue

    1/28/2025Senate
  7. Referred to Assignments

    1/17/2025Senate
  8. First Reading

    1/17/2025Senate
  9. Filed with Secretary by Sen. Bill Cunningham

    1/17/2025Senate

Bill Text

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