Bill Status of HB 2978   103rd General Assembly


Short Description:  INC TX-REDUCE CORPORATE RATE

House Sponsors
Rep. Adam M. Niemerg and Chris Miller

Last Action  View All Actions

DateChamber Action
  2/16/2023HouseReferred to Rules Committee

Statutes Amended In Order of Appearance
35 ILCS 5/201

Synopsis As Introduced
Amends the Illinois Income Tax Act. Reduces the rate of tax on corporations from 7% to 5.5%. Effective immediately.

Actions 
DateChamber Action
  2/16/2023HouseFiled with the Clerk by Rep. Adam M. Niemerg
  2/16/2023HouseFirst Reading
  2/16/2023HouseReferred to Rules Committee
  3/16/2023HouseAdded Co-Sponsor Rep. Chris Miller

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