Amends the Illinois Income Tax Act. Increases the amount transferred from the General Revenue Fund to the Local Government Distributive Fund. Effective immediately.
Maddy summaryHB 1633 is a technical amendment to the State Finance Act's short title citation. It corrects the wording in Section 1.1 to properly state that the act "shall be known and may be cited as the 'State Finance Act'." This bill makes no policy changes, does not affect residents or businesses, and only updates how the law is referenced in legal documents. As a procedural correction, it has no substantive impact on state finance operations or regulations.
