SJRCA0004 - 104th General Assembly

CONAMEND-INCOME TAX RATES
Last Action
2/06/2025 - Senate: Referred to Assignments
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 the General Assembly shall provide by law for the rate or rates of any tax on or measured by income imposed by the State (currently, there may be no more than one such tax imposed by the State on individuals and one such tax so imposed on corporations). Provides that the highest rate of tax imposed on corporations may not exceed the highest rate imposed on individuals by more than a ratio of 8 to 5. Effective upon being declared adopted.
Actions
Date Chamber Action
2/05/2025 Senate Filed with Secretary
2/06/2025 Senate Referred to Assignments
2/26/2025 Senate Added as Chief Co-Sponsor Sen. Graciela Guzmán
3/20/2025 Senate Added as Co-Sponsor Sen. Mary Edly-Allen
3/21/2025 Senate Added as Chief Co-Sponsor Sen. Karina Villa
4/03/2025 Senate Added as Co-Sponsor Sen. Rachel Ventura
4/08/2025 Senate Added as Chief Co-Sponsor Sen. Ram Villivalam
4/08/2025 Senate Added as Co-Sponsor Sen. Lakesia Collins
4/08/2025 Senate Added as Co-Sponsor Sen. Adriane Johnson
4/08/2025 Senate Added as Co-Sponsor Sen. Paul Faraci
4/08/2025 Senate Added as Co-Sponsor Sen. David Koehler
4/09/2025 Senate Added as Chief Co-Sponsor Sen. Robert Peters
4/09/2025 Senate Added as Co-Sponsor Sen. Mark L. Walker
4/09/2025 Senate Added as Co-Sponsor Sen. Celina Villanueva
4/09/2025 Senate Added as Co-Sponsor Sen. Javier L. Cervantes
4/09/2025 Senate Added as Co-Sponsor Sen. Mike Simmons
4/09/2025 Senate Added as Co-Sponsor Sen. Christopher Belt
4/09/2025 Senate Added as Co-Sponsor Sen. Mike Porfirio
4/10/2025 Senate Added as Co-Sponsor Sen. Elgie R. Sims, Jr.
4/11/2025 Senate Added as Co-Sponsor Sen. Sara Feigenholtz
4/30/2025 Senate Sponsor Removed Sen. Christopher Belt