Bill Texts: IL HB3686 | 2023-2024 | 103rd General Assembly

Bill Title: Amends the Illinois Income Tax Act. Provides that the rate of tax on individuals, trusts, and estates is 4.85% (currently, 4.95%). Makes a conforming change concerning the pass-through entity tax. Effective immediately.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced) 2024-04-05 - Rule 19(a) / Re-referred to Rules Committee [HB3686 Detail]

Bill Drafts

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Introduced2023-02-17HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois HB3686

Supplemental Documents

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No supplemental documents for Illinois HB3686 currently on file.

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