HB2609 - 104th General Assembly

INC TX-REDUCE CORPORATE RATE
Last Action
2/06/2025 - House: Referred to Rules Committee
House Sponsors
Rep. Adam M. Niemerg
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