summary
Introduced
05/01/2025
05/01/2025
In Committee
05/01/2025
05/01/2025
Crossed Over
Passed
Dead
Introduced Session
104th General Assembly
Bill Summary
Proposes to amend the Revenue Article of the Illinois Constitution. Removes a provision that provides that a tax on income shall be measured at a non-graduated rate. Provides that the General Assembly shall provide by law for the rate or rates of any tax on or measured by income imposed by the State (currently, there may be no more than one such tax imposed by the State on individuals and one such tax so imposed on corporations). Provides that the highest rate of tax imposed on corporations may not exceed the highest rate imposed on individuals by more than a ratio of 8 to 5. Effective upon being declared adopted.
Sponsors (28)
Abdelnasser Rashid (D)*,
Carol Ammons (D),
Jaime Andrade (D),
Diane Blair-Sherlock (D),
Kam Buckner (D),
Kelly Cassidy (D),
Michael Crawford (D),
Lisa Davis (D),
William Davis (D),
Marcus Evans (D),
Edgar González (D),
Jehan Gordon-Booth (D),
Nicolle Grasse (D),
Will Guzzardi (D),
Sonya Harper (D),
Barbara Hernandez (D),
Norma Hernandez (D),
Hoan Huynh (D),
Lilian Jiménez (D),
Lindsey LaPointe (D),
Theresa Mah (D),
Debbie Meyers-Martin (D),
Anna Moeller (D),
Kevin Olickal (D),
Aarón Ortíz (D),
Justin Slaughter (D),
Nick Smith (D),
Anne Stava-Murray (D),
Last Action
Referred to Rules Committee (on 05/01/2025)
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=16&GAID=18&DocTypeID=HJRCA&SessionID=114&GA=104 |
BillText | https://www.ilga.gov/legislation/104/HJRCA/10400HC0016.htm |
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