CONAMEND-GRADUATED INC TAX House SponsorsRep. Naomi D. Jakobsson-Barbara Flynn Currie-Greg Harris Revenue & Finance Committee Hearing May 9 2012 10:00AM Capitol Building Room 115 Springfield, IL 5/5/2012HouseTabled Pursuant to Rule 46 ILCON Art. IX, Sec. 3 Proposes to amend the Revenue Article of the Illinois Constitution. Provides that individual income taxes may be at a graduated or a non-graduated rate. Provides that any such tax imposed on corporations shall be at a non-graduated rate, not to exceed the average of the lowest and highest individual rates by more than a ratio of 8 to 5. Effective upon being declared adopted. 2/15/2011HouseFiled with the Clerk by Rep. Naomi D. Jakobsson 2/15/2011HouseRead in Full a First Time 2/15/2011HouseReferred to Rules Committee 1/30/2012HouseAssigned to Revenue & Finance Committee 1/30/2012HouseAdded Chief Co-Sponsor Rep. Barbara Flynn Currie 2/8/2012HouseAdded Chief Co-Sponsor Rep. Greg Harris 5/5/2012HouseTabled Pursuant to Rule 46