HB2609 - 104th General Assembly
INC TX-REDUCE CORPORATE RATE
Last Action
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Illinois Income Tax Act. Reduces the rate of tax on corporations from 7% to 5.5%. 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 |
