HB 460

  • Illinois House Bill
  • 100th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Inc Tx-Corporate Income Tax

Abstract

Amends the Illinois Income Tax Act. Reduces the income tax rate for corporations to 2.625% for taxable years beginning on or after January 1, 2017 (currently, the rate is 5.25% for taxable years beginning prior to January 1, 2025 and 4.8% for taxable years beginning on or after January 1, 2025). Effective immediately.

Bill Sponsors (1)

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Jan 08, 2019

House

Session Sine Die

Mar 31, 2017

House

Rule 19(a) / Re-referred to Rules Committee

Feb 24, 2017

House

To Growth, Reform & Fairness Subcommittee

Feb 10, 2017

House

Added Co-Sponsor Rep. Thomas Morrison

Feb 02, 2017

House

Assigned to Revenue & Finance Committee

Jan 17, 2017

House

Referred to Rules Committee

House

First Reading

Jan 13, 2017

House

Filed with the Clerk by Rep. David McSweeney

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