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IL HJR0106

Joint Resolution

Status

Failed

1/8/2019

Primary Sponsor

David McSweeney

Click for details

Origin

House of Representatives

100th General Assembly

AI Summary

  • Expresses the Illinois House and Senate's belief that the Illinois Income Tax Act should not be amended to permit taxation of retirement income

  • States that retirees live on fixed incomes with limited ability to work, high health care costs, and little savings capacity

  • Notes that retirees already pay federal income taxes, property taxes, and sales taxes

  • Argues that exempting retirement income from state taxation encourages retirees to remain in Illinois and attracts newly retired Americans to relocate to the state

  • Directs distribution of the resolution to all Illinois constitutional officers, House and Senate leadership

Legislative Description

NO TAXES ON RETIREMENT INCOME

Last Action

Session Sine Die

1/8/2019

Committee Referrals

Rules7/2/2018
Income Tax4/19/2018
Revenue & Finance4/3/2018
Rules2/14/2018

Full Bill Text

No bill text available