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 Bill Status of SJRCA0004  104th General Assembly

Short Description:  CONAMEND-INCOME TAX RATES

Senate Sponsors
Sen. Robert F. Martwick - Graciela Guzmán - Karina Villa - Ram Villivalam - Robert Peters, Mary Edly-Allen, Rachel Ventura, Lakesia Collins, Adriane Johnson, Paul Faraci, David Koehler, Mark L. Walker, Celina Villanueva, Javier L. Cervantes, Mike Simmons, Christopher Belt, Mike Porfirio, Elgie R. Sims, Jr. and Sara Feigenholtz

Last Action
DateChamber Action
  2/6/2025SenateReferred 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 
DateChamber Action
  2/5/2025SenateFiled with Secretary
  2/6/2025SenateReferred to Assignments
  2/26/2025SenateAdded as Chief Co-Sponsor Sen. Graciela Guzmán
  3/20/2025SenateAdded as Co-Sponsor Sen. Mary Edly-Allen
  3/21/2025SenateAdded as Chief Co-Sponsor Sen. Karina Villa
  4/3/2025SenateAdded as Co-Sponsor Sen. Rachel Ventura
  4/8/2025SenateAdded as Chief Co-Sponsor Sen. Ram Villivalam
  4/8/2025SenateAdded as Co-Sponsor Sen. Lakesia Collins
  4/8/2025SenateAdded as Co-Sponsor Sen. Adriane Johnson
  4/8/2025SenateAdded as Co-Sponsor Sen. Paul Faraci
  4/8/2025SenateAdded as Co-Sponsor Sen. David Koehler
  4/9/2025SenateAdded as Chief Co-Sponsor Sen. Robert Peters
  4/9/2025SenateAdded as Co-Sponsor Sen. Mark L. Walker
  4/9/2025SenateAdded as Co-Sponsor Sen. Celina Villanueva
  4/9/2025SenateAdded as Co-Sponsor Sen. Javier L. Cervantes
  4/9/2025SenateAdded as Co-Sponsor Sen. Mike Simmons
  4/9/2025SenateAdded as Co-Sponsor Sen. Christopher Belt
  4/9/2025SenateAdded as Co-Sponsor Sen. Mike Porfirio
  4/10/2025SenateAdded as Co-Sponsor Sen. Elgie R. Sims, Jr.
  4/11/2025SenateAdded as Co-Sponsor Sen. Sara Feigenholtz

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