<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 3754         </title>
<shortdesc>INC TX-INCREASE LGDF</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Matt Hanson</sponsors>
</sponsor>
<lastaction>
<statusdate>1/7/2025</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/901</reference><aliasreference></aliasreference><SynopsisText>     Amends the Illinois Income Tax Act. Provides that, beginning July 1, 2023, the Department of Revenue shall deposit 10% of the net revenue realized from the income taxes imposed under the Act directly into the Local Government Distributive Fund as that revenue is realized. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/17/2023</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Matt Hanson</action>
<statusdate>2/17/2023</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/17/2023</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/7/2025</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

