Bill Status of HB5549 98th General Assembly
Short Description: INCOME TAX-RATES
Rep. Brad E. Halbrook
| 12/3/2014||House||Session Sine Die|
Statutes Amended In Order of Appearance
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.