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HB 2609

Illinois House of Representatives bill in Session 104.

Status: in_committee. Latest action: February 6, 2025.

INC TX-REDUCE CORPORATE RATE.

Bill ID IL-104-HB-2609
Session 104
Status in_committee
Committee Rules Committee
House of Representatives in_committee 2025-02-06
Tax / Budget / Appropriations
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
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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