IL SJRCA0017 | 2013-2014 | 98th General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 2-0)
Status: Failed on January 13 2015 - 100% progression
Action: 2015-01-13 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Proposes to amend the Revenue Article of the Illinois Constitution. Provides that individual income taxes may be at a graduated or a non-graduated rate. Provides that any such tax imposed on corporations shall be at a non-graduated rate, not to exceed the average of the lowest and highest individual rates by more than a ratio of 8 to 5. Effective upon being declared adopted.

Tracking Information

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Title

CONAMEND-GRADUATED INC TAX

Sponsors


History

DateChamberAction
2015-01-13SenateSession Sine Die
2014-03-28SenateTo Subcommittee on Constitutional Amendments
2014-03-28SenateAssigned to Executive
2013-02-19SenateAdded as Co-Sponsor Sen. Daniel Biss
2013-02-15SenateReferred to Assignments
2013-02-15SenateFiled with Secretary

Illinois State Sources


Bill Comments

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