Bill Texts: IL HB2978 | 2023-2024 | 103rd General Assembly

Bill Title: Amends the Illinois Income Tax Act. Reduces the rate of tax on corporations from 7% to 5.5%. Effective immediately.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Introduced) 2023-03-16 - Added Co-Sponsor Rep. Chris Miller [HB2978 Detail]

Bill Drafts

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Introduced2023-02-16HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois HB2978

Supplemental Documents

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No supplemental documents for Illinois HB2978 currently on file.

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