Illinois General Assembly - Bill Status for HB5478
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 Bill Status of HB5478  102nd General Assembly


Short Description:  INC TX-RATES

House Sponsors
Rep. Dave Severin, Michael T. Marron, Patrick Windhorst, Randy E. Frese, Seth Lewis, Jeff Keicher and Daniel Swanson

Last Action
DateChamber Action
  2/18/2022HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
35 ILCS 5/201


Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that the rate of tax on individuals, trusts, and estates is 4.85% (currently, 4.95%). Makes a conforming change concerning the pass-through entity tax. Effective immediately.

Actions 
DateChamber Action
  1/28/2022HouseFiled with the Clerk by Rep. Dave Severin
  1/31/2022HouseFirst Reading
  1/31/2022HouseReferred to Rules Committee
  2/9/2022HouseAssigned to Revenue & Finance Committee
  2/15/2022HouseTo Income Tax Subcommittee
  2/16/2022HouseAdded Co-Sponsor Rep. Michael T. Marron
  2/18/2022HouseRule 19(a) / Re-referred to Rules Committee
  2/24/2022HouseAdded Co-Sponsor Rep. Patrick Windhorst
  2/24/2022HouseAdded Co-Sponsor Rep. Randy E. Frese
  2/24/2022HouseAdded Co-Sponsor Rep. Seth Lewis
  2/24/2022HouseAdded Co-Sponsor Rep. Jeff Keicher
  2/24/2022HouseAdded Co-Sponsor Rep. Daniel Swanson

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