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Neutral Bill Mar 16, 2026

INC TX-INCREASE LGDF

Amends the Illinois Income Tax Act. Provides that, beginning July 1, 2025, the Department of Revenue shall deposit 10% of the net revenue realized from the income taxes imposed under the Act directly into the Local Government Distributive Fund as that revenue is realized. Effective immediately.

https://legiscan.com/IL/bill/HB2897/2025
Matt Hanson State Representative
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