|
| | 101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020 HOUSE JOINT RESOLUTION
CONSTITUTIONAL AMENDMENT HC0029 Introduced , by Rep. Allen Skillicorn SYNOPSIS AS INTRODUCED: |
| |
Proposes to amend the Revenue Article of the Illinois Constitution. Amends a Section concerning limitations on income taxation. Effective upon being declared adopted.
|
| |
| | |
|
|
| | HC0029 | | LRB101 11255 MST 56618 e |
|
|
1 | | HOUSE JOINT RESOLUTION
|
2 | | CONSTITUTIONAL AMENDMENT
|
3 | | RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE ONE |
4 | | HUNDRED FIRST GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, THE |
5 | | SENATE CONCURRING HEREIN, that there shall be submitted to the |
6 | | electors of the State for adoption or rejection at the general |
7 | | election next occurring at least 6 months after the adoption of |
8 | | this resolution a proposition to amend Section 3 of Article 9 |
9 | | of the Illinois Constitution as follows:
|
10 | | ARTICLE IX
|
11 | | REVENUE
|
12 | | (ILCON Art. IX, Sec. 3)
|
13 | | SECTION 3. LIMITATIONS ON INCOME TAXATION
|
14 | | No tax on or measured by income shall be imposed. (a) A tax |
15 | | on or measured by income shall be at a non-graduated rate. At
|
16 | | any one time there may be no more than one such tax imposed by |
17 | | the State
for State purposes on individuals and one such tax so |
18 | | imposed on
corporations. In any such tax imposed upon |
19 | | corporations the rate shall
not exceed the rate imposed on |
20 | | individuals by more than a ratio of 8 to
5.
|
21 | | (b) Laws imposing taxes on or measured by income may adopt |
22 | | by
reference provisions of the laws and regulations of the |
23 | | United States,
as they then exist or thereafter may be changed, |