Illinois General Assembly - Bill Status for SB3126
Illinois General Assembly
  Home     Legislation & Laws     Senate     House     My Legislation     Site Map    

Previous General Assemblies

 Bill Status of SB3126  98th General Assembly

Short Description:  INC TX-MINIMUM WAGE

Senate Sponsors
Sen. Michael Noland

Last Action
DateChamber Action
  1/13/2015SenateSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/201from Ch. 120, par. 2-201
35 ILCS 5/201.5
820 ILCS 105/4from Ch. 48, par. 1004


Synopsis As Introduced
Amends the Illinois Income Tax Act. Reduces the income tax rate for corporations to 3.5% for taxable years beginning on or after January 1, 2014. Removes a provision reducing the income tax rate on corporations if the State exceeds the specified spending limitation. Amends the Minimum Wage Law. Increases the minimum wage to $12 per hour on October 1, 2014. Effective immediately.

Actions 
DateChamber Action
  2/7/2014SenateFiled with Secretary by Sen. Michael Noland
  2/7/2014SenateFirst Reading
  2/7/2014SenateReferred to Assignments
  2/25/2014SenateAssigned to Executive
  3/28/2014SenateRule 2-10 Committee Deadline Established As April 11, 2014
  4/11/2014SenateRule 3-9(a) / Re-referred to Assignments
  1/13/2015SenateSession Sine Die

Back To Top

Home | Legislation & Laws | House | Senate | My Legislation | Disclaimers | Email

  Legislative Information System logo This site is maintained for the Illinois General Assembly by the
Legislative Information System, 705 Stratton Building, Springfield, Illinois 62706
Contact ILGA Webmaster