Comments: IL HJRCA0017 | 2015-2016 | 99th General Assembly
Bill Title: 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 distributed to school districts on a per pupil basis. Effective upon being declared adopted.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Introduced - Dead) 2016-05-06 - Rule 19(a) / Re-referred to Rules Committee [HJRCA0017 Detail]
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Introduced - Dead) 2016-05-06 - Rule 19(a) / Re-referred to Rules Committee [HJRCA0017 Detail]
Text: Latest bill text (Introduced) [HTML]
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