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| | HR0672HAM001 | | LRB100 15439 MST 30581 a |
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1 | | AMENDMENT TO HOUSE RESOLUTION 672
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2 | | AMENDMENT NO. __. Amend House Resolution 672 by replacing |
3 | | everything after the heading with the following: |
4 | | "WHEREAS, President Donald Trump and Congressional
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5 | | Republicans are proposing radical changes to America's tax
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6 | | code; and |
7 | | WHEREAS, The changes President Trump and his Congressional
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8 | | allies are discussing would benefit millionaires and
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9 | | billionaires while hurting working families; and |
10 | | WHEREAS, President Trump and Congressional Republicans
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11 | | have discussed removing the state and local tax deduction, also
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12 | | known as SALT, as a way to pay for their proposed tax cuts for
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13 | | the wealthy; and |
14 | | WHEREAS, The state and local tax deduction allows families |
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1 | | that
pay local property taxes, state and local sales taxes, and |
2 | | state income taxes to deduct those taxes from their federal |
3 | | income tax; and |
4 | | WHEREAS, This deduction prevents families from being
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5 | | double taxed, once by the federal government and again by the
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6 | | state; and |
7 | | WHEREAS, The state and local tax deduction has broad |
8 | | bipartisan
support and has been helping Illinoisans since 1913; |
9 | | and |
10 | | WHEREAS, Illinois has the fifth highest number of taxpayers
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11 | | who claim the state and local tax deduction in the nation; and |
12 | | WHEREAS, Nearly two million Illinois taxpayers claimed
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13 | | more than $24 billion in SALT deductions in 2015, with each
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14 | | claiming an average $12,500 in deductions; and |
15 | | WHEREAS, Of Illinoisans who claim a SALT deduction,
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16 | | approximately 85% earn less than $200,000 per year; therefore,
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17 | | be it |
18 | | RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE ONE
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19 | | HUNDREDTH GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, that we |
20 | | strongly oppose any and all efforts
by the Trump Administration |
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1 | | and Congress to eliminate or gut the state
and local tax |
2 | | deduction to help pay for tax cuts for corporations and the |
3 | | wealthy one percent; and be it further |
4 | | RESOLVED, That we call upon Governor Rauner to work with |
5 | | the Illinois Congressional Delegation to ensure that the state
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6 | | and local tax deduction is not eliminated or gutted; and be it |
7 | | further |
8 | | RESOLVED, That suitable copies of this resolution be
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9 | | delivered to all members of the Illinois Congressional |
10 | | Delegation."
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