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IL HB2087
Bill
Status
Failed
1/7/2025
Primary Sponsor
Anthony DeLuca
Click for details
AI Summary
HB2087 Summary
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Beginning July 1, 2023, deposit 8% of net revenue from individual and pass-through entity income taxes into the Local Government Distributive Fund.
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Beginning July 1, 2023, deposit 9.11% of net revenue from corporate income taxes into the Local Government Distributive Fund.
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All amounts deposited into the Local Government Distributive Fund are appropriated on a continuing basis.
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Effective July 1, 2023.
Legislative Description
INC TX-LGDF
Last Action
Session Sine Die
1/7/2025
Committee Referrals
Rules3/10/2023
Revenue: Income Tax3/9/2023
Revenue & Finance2/28/2023
Rules2/7/2023
Full Bill Text
No bill text available