Springfield- A winter storm in northern Illinois resulted in an abbreviated session week at the Capitol.  Lawmakers returned on Feb. 27th and 28th for two days of committee work which saw a number of proposals approved, including the largest income tax increase in the history of Illinois, according to State Senator Pamela J. Althoff (R-Crystal Lake).  

 

Senate Bill 2288, approved by the Senate Education Committee on a party-line vote of 6 to 3, would increase the state income tax rate by 67%. Individual rates would go from 3% to 5% and the corporate rate from 4.8% to 8%. No Republican senators voted for the tax hike.

 

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