Bill Status of HB 5549   98th General Assembly

Short Description:  INCOME TAX-RATES

House Sponsors
Rep. Brad E. Halbrook

Last Action  View All Actions

DateChamber Action
  12/3/2014HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/201from Ch. 120, par. 2-201
35 ILCS 5/901from Ch. 120, par. 9-901

Synopsis As Introduced
Amends the Illinois Income Tax Act. Reduces the rate of tax on corporations to 4.8%. Makes corresponding changes concerning the distribution of tax proceeds. Effective immediately.

Actions 
DateChamber Action
  2/13/2014HouseFiled with the Clerk by Rep. Brad E. Halbrook
  2/13/2014HouseFirst Reading
  2/13/2014HouseReferred to Rules Committee
  12/3/2014HouseSession Sine Die

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