Progressive Tax | Small Business Tax

February 3, 2015
Status: Did not pass




Senate Joint Resolution Constitutional Amendment 1 and House Bill 689 make up a legislative package that would create a progressive income tax, under which higher incomes would be taxed at higher rates. Currently, the Illinois Constitution protects fair income taxation of all Illinoisans at the same rate. This constitutional amendment would allow for any type of income tax that is imposed by the General Assembly, and the accompanying bill would set tax rates that increase as a person or household’s income increases, up to a 9.75% tax rate for the highest tier earners. The constitutional amendment allowing for this progressive rate to be established requires a supermajority of votes in both chambers of the legislature before being put on a ballot for voter approval.

Last Action

Placed on Calendar Order of 3rd Reading April 21, 2016; Constitutional Amendments