Illinois Senate Moves to Repeal PPRT Change

Illinois Senate Moves to Repeal PPRT Change

October 19, 2009

Illinois Senate Moves to Repeal PPRT Change Senator Don Harmon introduced a bill to repeal the change to the "reasonable compensation" partnership deduction provision passed in P.A. 96-45. The bill passed the Senate by a vote of 57-0-0 and now moves to the House where we hope there will be a vote next week. To follow the bill, click here.