Illinois General Assembly - Bill Status for SJRCA0089
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 Bill Status of SJRCA0089  103rd General Assembly

Short Description:  INCOME TAX RATES

Senate Sponsors
Sen. Michael W. Frerichs - Kwame Raoul - David Koehler - Heather Steans - Jacqueline Y. Collins and Don Harmon

Last Action
DateChamber Action
  1/13/2009SenateSession Sine Die
ILCON Art. IX, Sec. 3 


Synopsis As Introduced
Proposes to amend the Revenue Article of the Illinois Constitution. Authorizes a tax on or measured by income to be at a graduated rate (now, all taxes on or measured by income shall be at a non-graduated rate). Provides that, in any such tax imposed upon corporations, the rate shall not exceed the average rate imposed on individuals by more than a ratio of 8 to 5. Effective upon being declared adopted.

Actions 
DateChamber Action
  4/2/2008SenateFiled with Secretary
  4/2/2008SenateAdded as Chief Co-Sponsor Sen. Kwame Raoul
  4/2/2008SenateAdded as Chief Co-Sponsor Sen. David Koehler
  4/2/2008SenateAdded as Chief Co-Sponsor Sen. Heather Steans
  4/2/2008SenateReferred to Rules
  4/2/2008SenateAdded as Chief Co-Sponsor Sen. Jacqueline Y. Collins
  4/8/2008SenateAdded as Co-Sponsor Sen. Don Harmon
  1/13/2009SenateSession Sine Die

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