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IL - SB0009
Introduced

Senate tax hike proposal

Would increase the personal income tax rate by 32 percent to 4.95 percent from 3.75 percent. Would increase the corporate income tax 33 percent to 7 percent from 5.25 percent. Would impose a statewide penny-per-ounce tax on bottled sugar-sweetened beverages, syrups or powders sold or offered for sale to a retailer for sale to a consumer.
Introduced on Jan 12, 2017