The intent of this amendment is to ensure that the short title of the Illinois Income Tax Act is correctly cited and understood. By streamlining the language and technical aspects, the bill hopes to prevent any confusion that may arise from poorly defined sections of the legislation. However, since the bill does not introduce any new regulations or alter tax rates, its impact on the overall tax structure will be minimal. The amendment serves mostly as a clerical update rather than a reformative change.
Summary
House Bill 1701, introduced by Representative Tony M. McCombie, seeks to make a technical amendment to the Illinois Income Tax Act. Specifically, the bill focuses on changing Section 101 of the Act, which concerns the short title, thus clarifying the existing legal framework regarding the title of the tax act. While the bill does not propose any substantial changes to the tax code or its application, it aims to rectify any potential inconsistencies within the existing legislation.
Contention
As HB1701 is a technical change, there seems to be limited contention surrounding the bill. There are no notable points of opposition or concern expressed during discussions, largely because the bill does not affect tax rates or laws significantly. It may be seen as an essential update among legislators who wish to maintain clarity and precision in state tax documentation, thus fostering a better understanding of existing laws among both public officials and the citizens of Illinois.