98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014
HOUSE JOINT RESOLUTION CONSTITUTIONAL AMENDMENT
HC0051

 

Introduced , by Rep. Michael J. Madigan

 

SYNOPSIS AS INTRODUCED:
 
ILCON Art. IX, Sec. 11 new

    Proposes to amend the Revenue Article of the Illinois Constitution. Provides that an additional income tax shall be imposed on individuals in an amount equal to 3% of the portion of the individual's income that is greater than $1,000,000 for the taxable year. Provides that the revenue collected from the tax shall be distributed to school districts on a per pupil basis. Effective upon being declared adopted.


LRB098 20640 HLH 57199 e

 

HC0051LRB098 20640 HLH 57199 e

1
HOUSE JOINT RESOLUTION
2
CONSTITUTIONAL AMENDMENT

 
3    RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE
4NINETY-EIGHTH GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, THE
5SENATE CONCURRING HEREIN, that there shall be submitted to the
6electors of the State for adoption or rejection at the general
7election next occurring at least 6 months after the adoption of
8this resolution a proposition to add Section 11 to Article IX
9of the Illinois Constitution as follows:
 
10
ARTICLE IX
11
REVENUE

12    (ILCON Art. IX, Sec. 11 new)
13SECTION 11. TAX FOR EDUCATION
14    Notwithstanding subsection (a) of Section 3 of this
15Article, and in addition to any other tax, a tax shall be
16imposed on individuals in an amount equal to 3% of income
17greater than $1,000,000 for the taxable year. All revenue
18collected pursuant to this Section shall be distributed to
19school districts solely on a per pupil basis. The General
20Assembly by law shall provide for the implementation and
21enforcement of this Section.
 
22
SCHEDULE

 

 

HC0051- 2 -LRB098 20640 HLH 57199 e

1    This Constitutional Amendment takes effect upon being
2declared adopted in accordance with Section 7 of the Illinois
3Constitutional Amendment Act and applies to taxable years
4beginning on or after January 1, 2014.