INCOME TAX-TECH

HB 3025 is a technical amendment to Illinois' Income Tax Act that updates the reference language in Section 201 regarding tax rate calculations. It does not change any tax rates, brackets, or who is subject to taxation. The bill corrects how the tax code references historical rate provisions without altering the actual tax obligations for individuals, trusts, estates, or corporations. This is a procedural fix to the law's wording, not a policy change affecting taxpayers.