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| | 104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026
HOUSE JOINT RESOLUTION
CONSTITUTIONAL AMENDMENT
HC0021 Introduced , by Rep. Natalie A. Manley SYNOPSIS AS INTRODUCED:
| | | ILCON Art. IX, Sec. 12 new |
| Proposes to amend the Revenue Article of the Illinois Constitution. Provides that an additional income tax shall be imposed on individuals in an amount equal to 3% of the portion of the individual's net income that is greater than $1,000,000 for the taxable year. Provides that, of the revenue collected pursuant to those provisions, 50% shall be used to provide property tax relief and 50% shall be distributed to school districts solely on a per pupil basis. Effective upon being declared adopted. |
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| | HC0021 | | LRB104 15838 HLH 29050 e |
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| 1 | | HOUSE JOINT RESOLUTION |
| 2 | | CONSTITUTIONAL AMENDMENT
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| 3 | | RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE ONE |
| 4 | | HUNDRED FOURTH GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, THE |
| 5 | | SENATE CONCURRING HEREIN, that there shall be submitted to the |
| 6 | | electors of the State for adoption or rejection at the general |
| 7 | | election next occurring at least 6 months after the adoption |
| 8 | | of this resolution a proposition to add Section 12 to Article |
| 9 | | IX of the Illinois Constitution as follows:
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| 10 | | ARTICLE IX |
| 11 | | REVENUE
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| 12 | | (ILCON Art. IX, Sec. 12 new) |
| 13 | | SECTION 12. INCOME TAX FOR PROPERTY TAX RELIEF AND EDUCATION |
| 14 | | Notwithstanding subsection (a) of Section 3 of this |
| 15 | | Article, and in addition to any other tax, an additional tax |
| 16 | | shall be imposed on individuals in an amount equal to 3% of the |
| 17 | | portion of the taxpayer's net income that is greater than |
| 18 | | $1,000,000 for the taxable year. Of the revenue collected |
| 19 | | pursuant to this Section, 50% shall be used to provide |
| 20 | | property tax relief and 50% shall be distributed to school |
| 21 | | districts solely on a per pupil basis. The General Assembly by |
| 22 | | law shall provide for the implementation and enforcement of |
| 23 | | this Section.
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