Bill Sponsors: 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]

Text: Latest bill text (Introduced) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Representative Adam Niemerg [R]PrimarySponsored BillsHD-102FollowTheMoneyBallotpediaVoteSmart
Representative Chris Miller [R]CosponsorSponsored BillsHD-101FollowTheMoneyBallotpediaVoteSmart

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