Bill Title: Amends the Illinois Income Tax Act. Reduces the rate of tax on individuals, trusts, estates, and certain pass-through entities from 4.95% to 3.75%. Reduces the rate of tax on corporations from 7% to 6%. Effective immediately.
Sponsorship: Partisan Bill (Republican 1)
Status: (Introduced - Dead) 2025-02-06 - Referred to Rules Committee
[HB2608 Detail]
Bill Drafts
| Revision | Date | Format | Source | View |
| Introduced | 2025-02-04 | HTML/Text | Link | View |
Amendments
| Amendment | Date | Disposition | Format | Source | View |
| No bill amendments currently on file for Illinois HB2608 |
Supplemental Documents
| Title | Description | Date | Format | Source | View |
| No supplemental documents for Illinois HB2608 currently on file. |