Bill Status of HB2608

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HB2608 - 104th General Assembly

INC TX-REDUCE INDIVIDUAL RATE
Last Action
2/06/2025 - House: Referred to Rules Committee
House Sponsors
Rep. Adam M. Niemerg
Statutes Amended In Order of Appearance
35 ILCS 5/201
Synopsis As Introduced
Amends the Illinois Income Tax Act. Reduces the rate of tax on individuals, trusts, estates, and certain pass-through entities from 4.95% to 3.75%. Reduces the rate of tax on corporations from 7% to 6%. Effective immediately.
Actions
Date Chamber Action
2/04/2025 House Filed with the Clerk by Rep. Adam M. Niemerg
2/06/2025 House First Reading
2/06/2025 House Referred to Rules Committee