SB 1341

  • Illinois Senate Bill
  • 101st Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Inc Tx-Lgdf Deposits

Abstract

Amends the Illinois Income Tax Act. Provides that, beginning on July 1, 2019, the amount transferred from the General Revenue Fund to the Local Government Distributive Fund shall be equal to 1/10 of the net revenue realized from the income tax imposed on individuals, trusts, estates, and corporations during the preceding month (currently, 6.06% of the net revenue realized from the income tax imposed upon individuals, trusts, and estates and 6.85% of the net revenue realized from the income tax imposed upon corporations). Effective July 1, 2019.

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Mar 28, 2019

Senate

Rule 3-9(a) / Re-referred to Assignments

Mar 22, 2019

Senate

Rule 2-10 Committee Deadline Established As March 28, 2019

Mar 06, 2019

Senate

Postponed - Revenue

Feb 21, 2019

Senate

Postponed - Revenue

Feb 13, 2019

Senate

Assigned to Revenue

Feb 07, 2019

Senate

Filed with Secretary by Sen. Steven M. Landek

Senate

Referred to Assignments

Senate

First Reading

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