Illinois General Assembly - Bill Status for SJRCA0038
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 Bill Status of SJRCA0038  102nd General Assembly


Short Description:  INCOME TAX RATES

Senate Sponsors
Sen. Kwame Raoul - Michael W. Frerichs - Heather Steans - Martin A. Sandoval and Edward D. Maloney

Last Action
DateChamber Action
  1/12/2011SenateSession Sine Die
ILCON Art. IX, Sec. 3 


Synopsis As Introduced
Proposes to amend the Revenue Article of the Illinois Constitution. Removes a provision that provides that a tax on income shall be measured at a non-graduated rate. Provides that, for any income tax imposed upon corporations, the rate shall not exceed the weighted average rate imposed on individuals by more than a ratio of 8 to 5. Effective upon being declared adopted.

Actions 
DateChamber Action
  2/25/2009SenateFiled with Secretary
  2/25/2009SenateReferred to Assignments
  3/5/2009SenateAssigned to Executive
  3/12/2009SenateTo Executive Subcommittee on Constitutional Amendments
  10/30/2009SenateAdded as Chief Co-Sponsor Sen. Michael W. Frerichs
  10/30/2009SenateAdded as Chief Co-Sponsor Sen. Heather Steans
  2/10/2010SenateAdded as Chief Co-Sponsor Sen. Martin A. Sandoval
  4/8/2010SenateAdded as Co-Sponsor Sen. Edward D. Maloney
  4/12/2010SenatePostponed - Executive; Subcommittee on Constitutional Amendments
  4/15/2010SenatePostponed - Executive
  1/12/2011SenateSession Sine Die

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