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| | 99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016 HOUSE JOINT RESOLUTION
CONSTITUTIONAL AMENDMENT HC0026 Introduced , by Rep. Michael J. Madigan SYNOPSIS AS INTRODUCED: |
| | ILCON Art. IX, Sec. 11 new |
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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 income that is greater than $1,000,000 for the taxable year. Provides that the revenue collected from the tax shall be distributed to school districts on a per pupil basis. Effective upon being declared adopted.
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| | HC0026 | | LRB099 09389 MGM 29596 e |
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1 | | HOUSE JOINT RESOLUTION
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2 | | CONSTITUTIONAL AMENDMENT
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3 | | RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE |
4 | | NINETY-NINTH 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 of |
8 | | this resolution a proposition to add Section 11 to Article IX |
9 | | of the Illinois Constitution as follows:
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10 | | ARTICLE IX
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11 | | REVENUE
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12 | | (ILCON Art. IX, Sec. 11 new) |
13 | | SECTION 11. TAX FOR EDUCATION |
14 | | Notwithstanding subsection (a) of Section 3 of this |
15 | | Article, and in addition to any other tax, a tax shall be |
16 | | imposed on individuals in an amount equal to 3% of income |
17 | | greater than $1,000,000 for the taxable year. All revenue |
18 | | collected pursuant to this Section shall be distributed to |
19 | | school districts solely on a per pupil basis. The General |
20 | | Assembly by law shall provide for the implementation and |
21 | | enforcement of this Section.
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22 | | SCHEDULE
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