Bill Sponsors: IL HB0357 | 2017-2018 | 100th General Assembly

Bill Title: Amends the Illinois Income Tax Act. For taxable years beginning on or after January 1, 2017, reduces the rate of tax to 3% for individuals, trusts, and estates and 4.8% for corporations. Makes corresponding changes concerning the distribution of tax proceeds. Effective immediately.

Spectrum: Slight Partisan Bill (Democrat 3-1)

Status: (Failed) 2019-01-08 - Session Sine Die [HB0357 Detail]

Text: Latest bill text (Introduced) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Representative David McSweeney [R]PrimarySponsored BillsHD-052FollowTheMoneyBallotpediaVoteSmart
Representative Martin Moylan [D]CosponsorSponsored BillsHD-055FollowTheMoneyBallotpediaVoteSmart
Representative Jerry Costello [D]CosponsorSponsored BillsHD-116FollowTheMoneyBallotpediaVoteSmart
Representative Natalie Manley [D]CosponsorSponsored BillsHD-098FollowTheMoneyBallotpediaVoteSmart

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