Illinois General Assembly - Bill Status for SJRCA0011
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 Bill Status of SJRCA0011  99th General Assembly


Short Description:  INCOME TAX RATES

Senate Sponsors
Sen. Kwame Raoul

Last Action
DateChamber Action
  1/10/2017SenateSession 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
  2/11/2015SenateFiled with Secretary
  2/11/2015SenateReferred to Assignments
  8/4/2015SenateAssignments Refers to Executive
  4/14/2016SenateTo Subcommittee on Constitutional Amendments
  4/14/2016SenateWaive Posting Notice
  4/19/2016SenatePostponed - Subcommittee on Constitutional Amendments
  4/19/2016SenatePostponed - Executive
  1/10/2017SenateSession Sine Die

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