Illinois · 104th session
Status: In committee
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.
Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments (2026-05-22)