INCOME TAX RATES House SponsorsRep. William Davis, Barbara Flynn Currie, Julie Hamos, Kathleen A. Ryg, Arthur L. Turner, Kurt M. Granberg, Karen A. Yarbrough, Al Riley and Greg Harris 5/4/2008HouseTabled Pursuant to Rule 46 ILCON Art. IX, Sec. 3 Proposes to amend the Revenue Article of the Illinois Constitution. Authorizes a tax on or measured by income imposed upon individuals to be at a graduated rate (now, all taxes on or measured by income shall be at a non-graduated rate). Provides that, in any such tax imposed upon corporations, the rate shall not exceed the lowest rate imposed on individuals by more than a ratio of 8 to 5. Effective upon being declared adopted. 3/8/2007HouseFiled with the Clerk by Rep. William Davis 3/8/2007HouseRead in Full a First Time 3/8/2007HouseReferred to Rules Committee 4/19/2007HouseAdded Co-Sponsor Rep. Barbara Flynn Currie 2/20/2008HouseAdded Co-Sponsor Rep. Julie Hamos 2/20/2008HouseAdded Co-Sponsor Rep. Kathleen A. Ryg 2/28/2008HouseAdded Co-Sponsor Rep. Arthur L. Turner 2/28/2008HouseAdded Co-Sponsor Rep. Kurt M. Granberg 4/1/2008HouseAdded Co-Sponsor Rep. Karen A. Yarbrough 4/1/2008HouseAdded Co-Sponsor Rep. Al Riley 4/8/2008HouseAdded Co-Sponsor Rep. Greg Harris 5/4/2008HouseTabled Pursuant to Rule 46