Date	Chamber	Action
1/8/2019	House	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 5/201

from Ch. 120, par. 2-201

Synopsis As Introduced
Amends the Illinois Income Tax Act. Reduces the income tax rate for corporations to 2.625% for taxable years beginning on or after January 1, 2017 (currently, the rate is 5.25% for taxable years beginning prior to January 1, 2025 and 4.8% for taxable years beginning on or after January 1, 2025). Effective immediately.

Actions 

Date	Chamber	Action
1/13/2017	House	Filed with the Clerk by Rep. David McSweeney
1/17/2017	House	First Reading
1/17/2017	House	Referred to Rules Committee
2/2/2017	House	Assigned to Revenue & Finance Committee
2/10/2017	House	Added Co-Sponsor Rep. Thomas Morrison
2/24/2017	House	To Growth, Reform & Fairness Subcommittee
3/31/2017	House	Rule 19(a) / Re-referred to Rules Committee
1/8/2019	House	Session Sine Die

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