Date	Chamber	Action
1/13/2009	Senate	Session Sine Die

ILCON Art. IX, Sec. 3

Synopsis As Introduced
Proposes to amend the Revenue Article of the Illinois Constitution. Authorizes a tax on or measured by income to be at a graduated rate (now, all taxes on or measured by income shall be at a non-graduated rate). Provides that, in any such tax imposed upon corporations, the rate shall not exceed the average rate imposed on individuals by more than a ratio of 8 to 5. Deletes provisions limiting to one the number of income taxes for State purposes imposed on corporations. Effective upon being declared adopted.

Actions 

Date	Chamber	Action
3/5/2008	Senate	Filed with Secretary
3/5/2008	Senate	Referred to Rules
3/6/2008	Senate	Added as Chief Co-Sponsor Sen. Kwame Raoul
1/13/2009	Senate	Session Sine Die

Back To Top