IL SB1681 | 2009-2010 | 96th General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 19 2009 - 25% progression, died in committee
Action: 2009-04-03 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 19 2009 - 25% progression, died in committee
Action: 2009-04-03 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Illinois Income Tax Act. Decreases the rate of tax on individuals and on trusts and estates from 3% to 2.85% in 2009, 2.7% in 2010, and 2.5% in 2011 and thereafter. Decreases the rate of tax on corporations from 4.8% to 4.56% in 2009, 4.32% in 2010, and 4% in 2011 and thereafter. Makes corresponding changes. Effective immediately.
Title
INC TX-RATE DECREASE
Sponsors
Sen. Matt Murphy [R] |
History
Date | Chamber | Action |
---|---|---|
2009-04-03 | Rule 3-9(a) / Re-referred to Assignments | |
2009-03-13 | Rule 2-10 Committee Deadline Established As April 3, 2009 | |
2009-03-12 | Postponed - Executive | |
2009-03-04 | Assigned to Executive | |
2009-02-19 | Referred to Assignments | |
2009-02-19 | First Reading | |
2009-02-19 | Filed with Secretary by Sen. Matt Murphy |
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1681&GAID=10&DocTypeID=SB&SessionID=76&GA=96 |
Text | https://www.ilga.gov/legislation/96/SB/09600SB1681.htm |