Bill Text: IL SJRCA0021 | 2019-2020 | 101st General Assembly | Introduced
Bill Title: Proposes to amend the Revenue Article of the Illinois Constitution. Provides that no less than 10% of the net revenue realized from the State income tax imposed on individuals, trusts, estates, and corporations shall be directly deposited or transferred each month into the Local Government Distributive Fund or such other successor fund as the General Assembly shall provide by law for the benefit of municipalities and counties of the State. Effective upon being declared adopted.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Failed) 2021-01-13 - Session Sine Die [SJRCA0021 Detail]
Download: Illinois-2019-SJRCA0021-Introduced.html
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1 | SENATE JOINT RESOLUTION
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2 | CONSTITUTIONAL AMENDMENT
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3 | RESOLVED, BY THE SENATE OF THE ONE HUNDRED FIRST GENERAL | |||||||||||||||||||
4 | ASSEMBLY OF THE STATE OF ILLINOIS, THE HOUSE OF REPRESENTATIVES | |||||||||||||||||||
5 | CONCURRING HEREIN, that there shall be submitted to the | |||||||||||||||||||
6 | electors of the State for adoption or rejection at the general | |||||||||||||||||||
7 | election next occurring at least 6 months after the adoption of | |||||||||||||||||||
8 | this resolution a proposition to amend Article IX of the | |||||||||||||||||||
9 | Illinois Constitution by adding Section 12 as follows:
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10 | ARTICLE IX
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11 | REVENUE
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12 | (ILCON Art. IX, Sec. 12 new) | |||||||||||||||||||
13 | SECTION 12. LOCAL GOVERNMENT DISTRIBUTIVE FUND | |||||||||||||||||||
14 | For the purposes of providing property tax relief and | |||||||||||||||||||
15 | ensuring the fiscal health of units of local government of the | |||||||||||||||||||
16 | State, no less than 10% of the net revenue realized from the | |||||||||||||||||||
17 | State income tax imposed on individuals, trusts, estates, and | |||||||||||||||||||
18 | corporations shall be directly deposited or transferred each | |||||||||||||||||||
19 | month into the Local Government Distributive Fund or such other | |||||||||||||||||||
20 | successor fund as the General Assembly shall provide by law for | |||||||||||||||||||
21 | the benefit of municipalities and counties of the State.
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22 | SCHEDULE
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1 | This Constitutional Amendment takes effect upon being | ||||||
2 | declared adopted in accordance with Section 7 of the Illinois | ||||||
3 | Constitutional Amendment Act.
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