INC TX-LOCAL GOV DISTRIBUTIVE House SponsorsRep. Anthony DeLuca-Carol A. Sente 12/3/2014HouseSession Sine Die 30 ILCS 115/1from Ch. 85, par. 61135 ILCS 5/901from Ch. 120, par. 9-901 Amends the Illinois Income Tax Act. Provides that, beginning on February 1, 2015, the Treasurer shall transfer each month from the General Revenue Fund to the Local Government Distributive Fund an amount equal to 10% of the net revenue realized from the tax imposed under the Act during the preceding month (instead of: (i) beginning on February 1, 2015 and through January 31, 2025, an amount equal to the sum of 8% of the net revenue realized from the tax imposed upon individuals, trusts, and estates, and 9.14% of the net revenue realized from the tax imposed on corporations; and (ii) beginning on February 1, 2025, an amount equal to the sum of 9.23% of the net revenue realized from the tax imposed upon individuals, trusts, and estates, and 10% of the net revenue realized from the tax imposed on corporations). 11/7/2013HouseFiled with the Clerk by Rep. Anthony DeLuca 11/7/2013HouseFirst Reading 11/7/2013HouseReferred to Rules Committee 3/26/2014HouseAdded Chief Co-Sponsor Rep. Carol A. Sente 12/3/2014HouseSession Sine Die