INC TX-REDUCE CORPORATE RATE House SponsorsRep. Adam M. Niemerg and Chris Miller 1/7/2025HouseSession Sine Die 35 ILCS 5/201 Amends the Illinois Income Tax Act. Reduces the rate of tax on corporations from 7% to 5.5%. Effective immediately. 2/16/2023HouseFiled with the Clerk by Rep. Adam M. Niemerg 2/16/2023HouseFirst Reading 2/16/2023HouseReferred to Rules Committee 3/16/2023HouseAdded Co-Sponsor Rep. Chris Miller 1/7/2025HouseSession Sine Die