Date	Chamber	Action
1/13/2015	Senate	Session Sine Die

Statutes Amended In Order of Appearance

15 ILCS 305/5

from Ch. 124, par. 5

35 ILCS 5/201

from Ch. 120, par. 2-201

35 ILCS 5/207

from Ch. 120, par. 2-207

35 ILCS 5/901

from Ch. 120, par. 9-901

30 ILCS 5/3-20 rep.

30 ILCS 105/5.787 rep.

30 ILCS 105/6z-85 rep.

30 ILCS 105/6z-86 rep.

30 ILCS 105/25.2 rep.

35 ILCS 5/201.5 rep.

Synopsis As Introduced
Amends the Illinois Income Tax Act. Reduces the rate of tax to (i) 3% for individuals, trusts, and estates, and (ii) 4.8% for corporations. Makes corresponding changes concerning the distribution of tax proceeds. Effective immediately.

Actions 

Date	Chamber	Action
2/15/2013	Senate	Filed with Secretary by Sen. Matt Murphy
2/15/2013	Senate	First Reading
2/15/2013	Senate	Referred to Assignments
2/27/2013	Senate	Assigned to Appropriations I
8/9/2013	Senate	Pursuant to Senate Rule 3-9(b) / Referred to Assignments
1/13/2015	Senate	Session Sine Die

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