Bill Title: Amends the Illinois Income Tax Act. Provides that, beginning July 1, 2025, the Department of Revenue shall deposit 10% of the net revenue realized from the income taxes imposed under the Act directly into the Local Government Distributive Fund as that revenue is realized. Effective immediately.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2025-02-06 - Referred to Rules Committee [HB2897 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2025-02-05	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois HB2897

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB2897 currently on file.