INC TX-VARIABLE RATE
Summary
Amends the Illinois Income Tax Act. Provides that the rate of tax on individuals, trusts, and estates shall be determined in accordance with an algorithm set forth in the amendatory Act. Makes conforming changes in the Department of Revenue Law of the Civil Administrative Code of Illinois and the Illinois Administrative Procedure Act. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Jan 2022
Committee Review
Floor Vote
Governor
Introduced Jan 25, 2022
Last action Jan 10, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
8
Key actions
1
Committee
4
Feb 18, 2022
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Feb 15, 2022
Lower · Passed
To Income Tax Subcommittee
lower
Feb 9, 2022
Committee
Assigned to Revenue & Finance Committee
lower
Jan 27, 2022
Committee
Referred to Rules Committee
lower
1 primary · 1 co-sponsor
Sponsors
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