INCOME TAX RATES
Summary
Proposes to amend the Revenue Article of the Illinois Constitution. Authorizes a tax on or measured by income to be at a graduated rate (now, all taxes on or measured by income shall be at a non-graduated rate). Provides that, in any such tax imposed upon corporations, the rate shall not exceed the weighted average rate imposed on individuals by more than a ratio of 8 to 5. Effective upon being declared adopted.
Bill status
failed
2 of 4 stages cleared
Introduction
Apr 2008
Committee Review
Apr 2008
Senate Failed
Apr 2008
Governor
Introduced Apr 9, 2008
Last action Apr 29, 2008
Floor votes · Senate Apr 29, 2008
How they voted
17–35
Failed · 5 other
Total votes 57
Apr 29, 2008
D
Democratic35
48% Yea
R
Republican22
95% Nay
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
27
Key actions
2
Committee
5
Amendments
8
Apr 29, 2008
Amended
Senate Floor Amendment No. 1 Tabled Pursuant to Rule 5-4(a)
upper
Apr 29, 2008
Introduced
Read in Full a Third Time - As Amended
upper
Apr 29, 2008
Vote failed
Senate Vote: fail (17-35-5)
senate
Apr 17, 2008
Introduced
Read in Full a Second Time - As Amended
upper
Apr 16, 2008
Introduced
Read in Full a First Time - As Amended
upper
Apr 16, 2008
Upper · Passed
Senate Floor Amendment No. 2 Adopted; Raoul
upper
Apr 16, 2008
Introduced
Senate Floor Amendment No. 2 Be Approved for Consideration Rules
upper
Apr 16, 2008
Committee
Senate Floor Amendment No. 2 Referred to Rules
upper
Apr 16, 2008
Introduced
Senate Floor Amendment No. 2 Filed with Secretary by Sen. Kwame Raoul
upper
Apr 16, 2008
Committee
Senate Floor Amendment No. 1 Referred to Rules
upper
Apr 16, 2008
Introduced
Senate Floor Amendment No. 1 Filed with Secretary by Sen. Kwame Raoul
upper
Apr 16, 2008
Upper · Passed
Be Adopted Executive; 007-005-001
upper
Apr 10, 2008
Committee
Assigned to Executive
upper
Apr 9, 2008
Committee
Referred to Rules
upper
0 primary · 1 co-sponsor
Sponsors
No sponsor information available.
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