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House sends graduated tax question to voters House sends graduated tax question to voters

House sends graduated tax question to voters

A constitutional amendment that would allow the General Assembly to set higher tax rates on greater amounts of income passed its last legislative hurdle Monday and will head to the voters for final approval about 18 months from now. After more than three hours of debate in which all 44 House Republicans spoke on the floor, the vote cleared its constitutionally mandated three-fifths majority by two votes.
Graduated tax rates join amendment in moving to House floor Graduated tax rates join amendment in moving to House floor

Graduated tax rates join amendment in moving to House floor

A graduated tax rate bill joined the constitutional amendment that would allow for the implementation of such a tax structure in awaiting a vote from the full Illinois House Friday. The bill, which adopts the same rates approved by the state Senate, was advanced by the House Revenue and Finance committee on a 9-6 party line vote with two “swing vote” Democrats who serve on the...
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