Bill Status of HJRCA 12   97th General Assembly

Short Description:  CONAMEND-GRADUATED INC TAX

House Sponsors
Rep. Naomi D. Jakobsson-Barbara Flynn Currie-Greg Harris

Committee Hearing
Revenue & Finance Committee Hearing May 9 2012 10:00AM Capitol Building Room 115 Springfield, IL

Last Action  View All Actions

DateChamber Action
  5/5/2012HouseTabled Pursuant to Rule 46

 
ILCON Art. IX, Sec. 3 

Synopsis As Introduced
Proposes to amend the Revenue Article of the Illinois Constitution. Provides that individual income taxes may be at a graduated or a non-graduated rate. Provides that any such tax imposed on corporations shall be at a non-graduated rate, not to exceed the average of the lowest and highest individual rates by more than a ratio of 8 to 5. Effective upon being declared adopted.

Actions 
DateChamber Action
  2/15/2011HouseFiled with the Clerk by Rep. Naomi D. Jakobsson
  2/15/2011HouseRead in Full a First Time
  2/15/2011HouseReferred to Rules Committee
  1/30/2012HouseAssigned to Revenue & Finance Committee
  1/30/2012HouseAdded Chief Co-Sponsor Rep. Barbara Flynn Currie
  2/8/2012HouseAdded Chief Co-Sponsor Rep. Greg Harris
  5/5/2012HouseTabled Pursuant to Rule 46

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