Bill Title: Amends the Illinois Income Tax Act. Reduces the rate of tax on corporations to 4.8% for taxable years beginning on or after January 1, 2012. Makes corresponding changes concerning transfers from the General Revenue Fund to the Local Government Distributive Fund. Effective immediately.
Spectrum: Moderate Partisan Bill (Democrat 7-2)
Status: (Failed) 2013-01-08 - Session Sine Die
[HB3917 Detail]
Bill Drafts
| Revision | Date | Format | Source | View |
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| Introduced | 2011-12-13 | HTML/Text | Link | View |
Amendments
| Amendment | Date | Disposition | Format | Source | View |
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| No bill amendments currently on file for Illinois HB3917 |
Supplemental Documents
| Title | Description | Date | Format | Source | View |
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| No supplemental documents for Illinois HB3917 currently on file. |
Social Comments on IL HB3917
