· IL legislature · 104th

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.

Sponsor

Margaret Croke (D-IL)

Introduced

2026-02-05

Policy area

Taxation

Latest action

Rule 19(a) / Re-referred to Rules Committee