HB 2568

  • Illinois House Bill
  • 101st Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Corporate Buyback Tax

Abstract

Creates the Corporate Buyback Tax Act. Imposes a tax on the buyback of shares of a publicly held corporation at the rate of 0.25% of the purchase price paid by a corporation for the purchase of its own securities. Applies to publicly held corporations having 100 or more employees. Effective immediately.

Bill Sponsors (1)

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Actions


Mar 29, 2019

House

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

Mar 06, 2019

House

To Sales, Amusement & Other Taxes Subcommittee

Feb 26, 2019

House

Assigned to Revenue & Finance Committee

Feb 13, 2019

House

Filed with the Clerk by Rep. Anne Stava-Murray

House

First Reading

House

Referred to Rules Committee

Bill Text

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