IL HJRCA0005 | 2023-2024 | 103rd General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 14 2023 - 25% progression
Action: 2023-02-22 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

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.

Tracking Information

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Title

REVENUE-EDUCATION

Sponsors


History

DateChamberAction
2023-02-22HouseReferred to Rules Committee
2023-02-22HouseRead in Full a First Time
2023-02-14HouseFiled with the Clerk by Rep. Curtis J. Tarver, II

Illinois State Sources


Bill Comments

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