Bill Title: Proposes to amend the Revenue Article of the Illinois Constitution. Provides that an additional income tax shall be imposed on individuals in an amount equal to 3% of the portion of the individual's income that is greater than $1,000,000 for the taxable year. Provides that the revenue collected from the tax shall be distributed to school districts on a per pupil basis. Effective upon being declared adopted.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2023-02-22 - Referred to Rules Committee [HJRCA0005 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2023-02-21	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois HJRCA0005

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HJRCA0005 currently on file.

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