summary
Introduced
02/18/2026
02/18/2026
In Committee
02/19/2026
02/19/2026
Crossed Over
Passed
Dead
Introduced Session
104th General Assembly
Bill Summary
Proposes to amend the Revenue Article of the Illinois Constitution. Provides that an additional income tax shall be imposed on individuals in an amount equal to 3% of the portion of the individual's income that is greater than $1,000,000 for the taxable year. Provides that the revenue collected from the tax shall be used to provide property tax relief. Effective upon being declared adopted.
Sponsors (1)
Last Action
Referred to Rules Committee (on 02/19/2026)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Loading...