IL - SB0009
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.
Primary Sponsor: Toi W. Hutchinson (D)