Illinois General Assembly - Bill Status for SJRCA0092
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 Bill Status of SJRCA0092  96th General Assembly

Short Description:  CONAMEND-INCOME TAX RATES

Senate Sponsors
Sen. Edward D. Maloney - M. Maggie Crotty - William Delgado - Martin A. Sandoval and Michael W. Frerichs

Last Action
DateChamber Action
  1/12/2011SenateSession 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 weighted average rate imposed on individuals by more than a ratio of 8 to 5. Effective upon being declared adopted.

Actions 
DateChamber Action
  2/10/2010SenateFiled with Secretary
  2/10/2010SenateReferred to Assignments
  2/16/2010SenateAdded as Chief Co-Sponsor Sen. M. Maggie Crotty
  2/16/2010SenateAdded as Chief Co-Sponsor Sen. William Delgado
  2/16/2010SenateAdded as Chief Co-Sponsor Sen. Martin A. Sandoval
  2/16/2010SenateAdded as Co-Sponsor Sen. Michael W. Frerichs
  3/9/2010SenateAssigned to Executive
  3/24/2010SenateTo Executive Subcommittee on Constitutional Amendments
  4/12/2010SenatePostponed - Executive; Subcommittee on Constitutional Amendments
  4/15/2010SenatePostponed - Executive
  1/12/2011SenateSession Sine Die

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