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| | 103RD GENERAL ASSEMBLY
State of Illinois
2023 and 2024 HOUSE JOINT RESOLUTION
CONSTITUTIONAL AMENDMENT HC0005 Introduced 2/22/2023, by Rep. Curtis J. Tarver, II SYNOPSIS AS INTRODUCED: |
| | ILCON Art. IX, Sec. 12 new |
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Proposes to amend the Revenue Article of the Illinois Constitution.
Provides that an additional income tax shall be imposed on individuals in an amount equal to 3% of the portion of the individual's income that is greater than $1,000,000 for the taxable year. Provides that the revenue collected from the tax shall be distributed to school districts on a per pupil basis. Effective upon being declared adopted.
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| | HC0005 | | LRB103 30860 HLH 57371 e |
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1 | | HOUSE JOINT RESOLUTION
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2 | | CONSTITUTIONAL AMENDMENT
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3 | | RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE ONE |
4 | | HUNDRED THIRD GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, THE |
5 | | SENATE CONCURRING HEREIN, that there shall be submitted to the |
6 | | electors of the State for adoption or rejection at the general |
7 | | election next occurring at least 6 months after the adoption |
8 | | of this resolution a proposition to add Section 12 to Article |
9 | | IX of the Illinois Constitution as follows:
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10 | | ARTICLE IX
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11 | | REVENUE
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12 | | (ILCON Art. IX, Sec. 12 new) |
13 | | SECTION 12. TAX FOR EDUCATION |
14 | | Notwithstanding subsection (a) of Section 3 of this |
15 | | Article, and in addition to any other tax, an additional tax |
16 | | shall be imposed on individuals in an amount equal to 3% of the |
17 | | portion of the taxpayer's net income that is greater than |
18 | | $1,000,000 for the taxable year. All revenue collected |
19 | | pursuant to this Section shall be distributed to school |
20 | | districts solely on a per pupil basis. The General Assembly by |
21 | | law shall provide for the implementation and enforcement of |
22 | | this Section.
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