Bill Title: Amends the Illinois Income Tax Act. Provides that the rate of tax on individuals, trusts, and estates is 4.85% (currently, 4.95%). Makes a conforming change concerning the pass-through entity tax. Effective immediately.

Sponsorship: Partisan Bill (Republican 1)

Status: (Introduced - Dead) 2025-03-21 - Rule 19(a) / Re-referred to Rules Committee [HB1203 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2025-01-09	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois HB1203

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB1203 currently on file.