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

35 ILCS 5/901

from Ch. 120, par. 9-901

Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that, for taxable years beginning on or after January 1, 2019, the rate of tax shall be 5% for corporations (currently, 7%). Makes conforming changes concerning distributions to the Local Government Distributive Fund. Effective immediately.

Actions 

Date	Chamber	Action
12/20/2017	House	Filed with the Clerk by Rep. Thomas M. Bennett
1/16/2018	House	First Reading
1/16/2018	House	Referred to Rules Committee
1/8/2019	House	Session Sine Die

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