Bill Title: Amends the Illinois Income Tax Act. Provides that, beginning on July 1, 2020, the amount transferred from the General Revenue Fund to the Local Government Distributive Fund shall be equal to 1/10 of the net revenue realized from the income tax imposed on individuals, trusts, estates, and corporations during the preceding month. Effective July 1, 2020.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Failed) 2021-01-13 - Session Sine Die [SB3784 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2020-02-14	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois SB3784

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois SB3784 currently on file.

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