Bill Title: Amends the Illinois Income Tax Act. Reduces the rate of tax on corporations to 4.8%. Makes corresponding changes concerning the distribution of tax proceeds. Effective immediately.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Failed) 2014-12-03 - Session Sine Die [HB5549 Detail]

Text: Latest bill text (Introduced) [HTML]

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Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Representative Brad Halbrook [R]	Primary	Sponsored Bills	HD-107	FollowTheMoney	Ballotpedia	VoteSmart

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