HJRCA0021 - 104th General Assembly (2025-2026)
CONAMEND-REVENUE
Last Action
10/21/2025 - House: Filed with the Clerk by Rep. Natalie A. Manley
ILCON Art. IX, Sec. 12 new
Synopsis As Introduced
Proposes to amend the Revenue Article of the Illinois Constitution. Provides that an additional income tax shall be imposed on individuals in an amount equal to 3% of the portion of the individual's net income that is greater than $1,000,000 for the taxable year. Provides that, of the revenue collected pursuant to those provisions, 50% shall be used to provide property tax relief and 50% shall be distributed to school districts solely on a per pupil basis. Effective upon being declared adopted.
Actions
| Date | Chamber | Action |
|---|---|---|
| 10/21/2025 | House | Filed with the Clerk by Rep. Natalie A. Manley |