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HB 2609

Illinois - Session 104

House of Representatives in_committee 2025-02-06
Tax / Budget / Appropriations
Overview
Bill Details

Title: INC TX-REDUCE CORPORATE RATE

Summary

Amends the Illinois Income Tax Act. Reduces the rate of tax on corporations from 7% to 5.5%. Effective immediately.

Sponsor
Adam M. Niemerg
Official Source Back to Bills
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History
Actions Timeline
Date Event Detail
2025-02-06 Introduced Bill introduced
2025-02-06 Status in_committee
2025-02-06 Latest Action 2/06/2025 - House:
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