Bill Title: Amends the Illinois Income Tax Act. For taxable years beginning on or after January 1, 2017, reduces the rate of tax to 3% for individuals, trusts, and estates and 4.8% for corporations. Makes corresponding changes concerning the distribution of tax proceeds. Effective immediately.

Spectrum: Slight Partisan Bill (Democrat 3-1)

Status: (Failed) 2019-01-08 - Session Sine Die [HB0357 Detail]

---

Bill Drafts

Revision	Date	Format	Source	View
Introduced	2017-01-11	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois HB0357

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB0357 currently on file.

Social Comments on IL HB0357