INCOME TAX-EDUCATION Senate SponsorsSen. Laura M. Murphy 1/9/2019SenateSession Sine Die ILCON Art. IX, Sec. 12 new Proposes to amend the Revenue Article of the Illinois Constitution. Provides for an additional tax on individuals in an amount equal to 3% of income greater than $1,000,000 for the taxable year. Provides that 75% of the revenue collected from the tax shall be distributed to school districts solely to provide for kindergarten through grade 12 education, and 25% of the revenue collected from the tax shall be distributed to public institutions of higher education. Effective upon being declared adopted. 1/10/2018SenateFiled with Secretary 1/10/2018SenateReferred to Assignments 1/9/2019SenateSession Sine Die