· IL legislature · 104th

INC TX-SURPLUS FUNDS

Amends the Illinois Income Tax Act. In provisions concerning transfers of surplus moneys from the Income Tax Refund Fund to the General Revenue Fund, provides that "surplus" means the cash balance in the Income Tax Refund Fund at the end of the applicable fiscal year, less amounts attributable to certain specified t…

Sponsor

Murri Briel (D-IL)

Introduced

2025-02-03

Policy area

Economics and Public Finance

Latest action

Rule 19(a) / Re-referred to Rules Committee