SC0039SAM001LRB098 11349 HLH 57915 a



1
AMENDMENT TO SENATE JOINT RESOLUTION 


2
CONSTITUTIONAL AMENDMENT 39 

3    AMENDMENT NO. ___.  Amend Senate Joint Resolution 
4Constitutional Amendment 39 by replacing everything after the 
5heading with the following:

 
6    "RESOLVED, BY THE SENATE OF THE NINETY-EIGHTH GENERAL 
7ASSEMBLY OF THE STATE OF ILLINOIS, THE HOUSE OF REPRESENTATIVES 
8CONCURRING HEREIN, that there shall be submitted to the 
9electors of the State for adoption or rejection at the general 
10election next occurring at least 6 months after the adoption of 
11this resolution a proposition to amend Section 3 of Article IX 
12of the Illinois Constitution as follows: 

 

13
ARTICLE IX 


14
REVENUE






15      (ILCON Art. IX, Sec. 3)


 
 
SC0039SAM001- 2 -LRB098 11349 HLH 57915 a

1SECTION 3. LIMITATIONS ON INCOME TAXATION 

2    (a) There may be one tax on the income of individuals and 
3corporations. This may be a fair tax where lower rates apply to 
4lower income levels and higher rates apply to higher income 
5levels. No government other than the State may impose a tax on 
6or measured by income. A tax on or measured by income shall be 
7at a non-graduated rate. At
any one time there may be no more 
8than one such tax imposed by the State
for State purposes on 
9individuals and one such tax so imposed on
corporations. In any 
10such tax imposed upon corporations the rate shall
not exceed 
11the rate imposed on individuals by more than a ratio of 8 to
5.

12    (b) Laws imposing taxes on or measured by income may adopt 
13by
reference provisions of the laws and regulations of the 
14United States,
as they then exist or thereafter may be changed, 
15for the purpose of
arriving at the amount of income upon which 
16the tax is imposed.

17(Source: Illinois Constitution.)



 

18
SCHEDULE


19    This Constitutional Amendment takes effect upon being 
20declared adopted in accordance with Section 7 of the Illinois 
21Constitutional Amendment Act.".