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| | 98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014
SENATE JOINT RESOLUTION
CONSTITUTIONAL AMENDMENT
SC0017 Introduced 2/15/2013, by Sen. Michael W. Frerichs SYNOPSIS AS INTRODUCED:
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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.
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| | SC0017 | | LRB098 10378 HLH 40565 e |
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| 1 | | SENATE JOINT RESOLUTION
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| 2 | | CONSTITUTIONAL AMENDMENT
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| 3 | | RESOLVED, BY THE SENATE OF THE NINETY-EIGHTH GENERAL |
| 4 | | ASSEMBLY OF THE STATE OF ILLINOIS, THE HOUSE OF REPRESENTATIVES |
| 5 | | CONCURRING HEREIN, that there shall be submitted to the |
| 6 | | electors of the State for adoption or rejection at the general |
| 7 | | election next occurring at least 6 months after the adoption of |
| 8 | | this resolution a proposition to amend Article IX of the |
| 9 | | Illinois Constitution by changing Section 3 as follows:
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| 10 | | ARTICLE IX
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| 11 | | REVENUE
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| 12 | | (ILCON Art. IX, Sec. 3)
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| 13 | | SECTION 3. LIMITATIONS ON INCOME TAXATION
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| 14 | | (a) A tax on or measured by individual income may shall be |
| 15 | | at a graduated or a non-graduated rate. At
any one time there |
| 16 | | may be no more than one such tax imposed by the State
for State |
| 17 | | purposes on individuals and one such tax so imposed on
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| 18 | | corporations. Any such tax imposed on corporations shall be at |
| 19 | | a non-graduated rate. In any such tax imposed upon corporations |
| 20 | | the rate shall
not exceed the average of the lowest and highest |
| 21 | | rates rate imposed on individuals by more than a ratio of 8 to
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| 22 | | 5.
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| 23 | | (b) Laws imposing taxes on or measured by income may adopt |