<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for SJRCA 92  </title>
<shortdesc>CONAMEND-INCOME TAX RATES</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Edward D. Maloney-M. Maggie Crotty-William Delgado-Martin A. Sandoval and Michael W. Frerichs</sponsors>
</sponsor>
<lastaction>
<statusdate>1/12/2011</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<aliasreference>ILCON Art. IX, Sec. 3</aliasreference>
<SynopsisText>     Proposes to amend the Revenue Article of the Illinois Constitution. Authorizes a tax on or measured by income 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 weighted average rate imposed on individuals by more than a ratio of 8 to 5. Effective upon being declared adopted.</SynopsisText></synopsis>
<actions>
<statusdate>2/10/2010</statusdate><chamber>Senate</chamber><action>Filed with Secretary</action>
<statusdate>2/10/2010</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/16/2010</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. M. Maggie Crotty</action>
<statusdate>2/16/2010</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. William Delgado</action>
<statusdate>2/16/2010</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Martin A. Sandoval</action>
<statusdate>2/16/2010</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Michael W. Frerichs</action>
<statusdate>3/9/2010</statusdate><chamber>Senate</chamber><action>Assigned to Executive</action>
<statusdate>3/24/2010</statusdate><chamber>Senate</chamber><action>To Executive Subcommittee on Constitutional Amendments</action>
<statusdate>4/12/2010</statusdate><chamber>Senate</chamber><action>Postponed - Executive;  Subcommittee on Constitutional Amendments</action>
<statusdate>4/15/2010</statusdate><chamber>Senate</chamber><action>Postponed - Executive</action>
<statusdate>1/12/2011</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

