Bill Title: Amends the Illinois Income Tax Act. Provides that an amount equal to the sum of (i) 8% of the net revenue realized from the tax imposed upon individuals, trusts, and estates and (ii) 9.11% of the net revenue realized from the tax imposed upon corporations shall be deposited into the Local Government Distributive Fund (currently, an amount equal to the sum of (i) 6.06% of the net revenue realized from the tax imposed upon individuals, trusts, and estates and (ii) 6.85% of the net revenue realized from the tax imposed upon corporations shall be deposited into the Local Government Distributive Fund). Amends the State Revenue Sharing Act to provide that amounts paid into the Local Government Distributive Fund are appropriated on a continuing basis. Effective July 1, 2022.

Spectrum: Slight Partisan Bill (Democrat 59-24)

Status: (Introduced - Dead) 2022-07-14 - Added Co-Sponsor Rep. Thomas M. Bennett [HB4169 Detail]

---

Bill Drafts

Revision	Date	Format	Source	View
Introduced	2021-10-08	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois HB4169

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB4169 currently on file.

Social Comments on IL HB4169