Bill Status of SB 2206   103rd General Assembly

Short Description:  INC TX-LGDF

Senate Sponsors
Sen. Donald P. DeWitte-Seth Lewis, Patrick J. Joyce, Craig Wilcox, Dave Syverson, Suzy Glowiak Hilton, John F. Curran, Bill Cunningham, Dale Fowler, Cristina Castro and Linda Holmes

Last Action  View All Actions

DateChamber Action
  3/10/2023SenateRule 3-9(a) / Re-referred to Assignments

Statutes Amended In Order of Appearance
35 ILCS 5/901

Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that an amount equal to 10% of the net revenue realized from the State income tax during the preceding month shall be transferred from the General Revenue Fund to the Local Government Distributive Fund (currently, the amount transferred is equal to the sum of (i) 6.16% of the net revenue realized from the tax imposed upon individuals, trusts, and estates, (ii) 6.85% of the net revenue realized from the tax imposed upon corporations, and (iii) 6.16% of the net revenue realized from the tax imposed upon electing pass-through entities). Effective immediately.

Actions 
DateChamber Action
  2/10/2023SenateFiled with Secretary by Sen. Donald P. DeWitte
  2/10/2023SenateFirst Reading
  2/10/2023SenateReferred to Assignments
  2/28/2023SenateAssigned to Appropriations
  2/28/2023SenateAdded as Chief Co-Sponsor Sen. Seth Lewis
  3/7/2023SenateAdded as Co-Sponsor Sen. Patrick J. Joyce
  3/9/2023SenateAdded as Co-Sponsor Sen. Craig Wilcox
  3/9/2023SenateAdded as Co-Sponsor Sen. Dave Syverson
  3/10/2023SenateAdded as Co-Sponsor Sen. Suzy Glowiak Hilton
  3/10/2023SenateRule 3-9(a) / Re-referred to Assignments
  3/17/2023SenateAdded as Co-Sponsor Sen. John F. Curran
  3/21/2023SenateAdded as Co-Sponsor Sen. Bill Cunningham
  3/21/2023SenateAdded as Co-Sponsor Sen. Dale Fowler
  3/29/2023SenateAdded as Co-Sponsor Sen. Cristina Castro
  5/11/2023SenateAdded as Co-Sponsor Sen. Linda Holmes

Back To Top