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]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2011-12-13	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois HB3917

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB3917 currently on file.

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