99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016
HOUSE JOINT RESOLUTION CONSTITUTIONAL AMENDMENT
HC0019

 

Introduced , by Rep. La Shawn K. Ford

 

SYNOPSIS AS INTRODUCED:
 
ILCON Art. IX, Sec. 3

    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.


LRB099 06230 HLH 26295 e

 

HC0019LRB099 06230 HLH 26295 e

1
HOUSE JOINT RESOLUTION
2
CONSTITUTIONAL AMENDMENT

 
3    RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE
4NINETY-NINTH 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 amend Article IX of the
9Illinois Constitution by changing Section 3 as follows:
 
10
ARTICLE IX
11
REVENUE

12    (ILCON Art. IX, Sec. 3)
13SECTION 3. LIMITATIONS ON INCOME TAXATION
14    (a) A tax on or measured by individual income may shall be
15at a graduated or a non-graduated rate. At any one time there
16may be no more than one such tax imposed by the State for State
17purposes on individuals and one such tax so imposed on
18corporations. Any such tax imposed on corporations shall be at
19a non-graduated rate. In any such tax imposed upon corporations
20the rate shall not exceed the average of the lowest and highest
21rates rate imposed on individuals by more than a ratio of 8 to
225.
23    (b) Laws imposing taxes on or measured by income may adopt

 

 

HC0019- 2 -LRB099 06230 HLH 26295 e

1by reference provisions of the laws and regulations of the
2United States, as they then exist or thereafter may be changed,
3for the purpose of arriving at the amount of income upon which
4the tax is imposed.
5(Source: Illinois Constitution.)
 
6
SCHEDULE
7    This Constitutional Amendment takes effect upon being
8declared adopted in accordance with Section 7 of the Illinois
9Constitutional Amendment Act.