HB 2608

  • Illinois House Bill
  • 104th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Inc Tx-Reduce Individual Rate

Abstract

Amends the Illinois Income Tax Act. Reduces the rate of tax on individuals, trusts, estates, and certain pass-through entities from 4.95% to 3.75%. Reduces the rate of tax on corporations from 7% to 6%. Effective immediately.

Bill Sponsors (1)

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Feb 06, 2025

House

First Reading

House

Referred to Rules Committee

Feb 04, 2025

House

Filed with the Clerk by Rep. Adam M. Niemerg

Bill Text

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Sources

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