The bill's impact, while seemingly minor, is aimed at maintaining legal consistency and precision in the naming conventions employed within the Illinois Income Tax Act. By refining the language of the statute, proponents argue that it aids in minimizing confusion regarding tax obligations stipulated under Illinois law. This change is vital for legal professionals, tax practitioners, and auditors who rely on the accuracy of statutory citations for adherence to tax regulations in Illinois.
SB0810, introduced by Senator Don Harmon, amends the Illinois Income Tax Act, specifically making a technical change in the section concerning the short title of the Act. The primary focus of the bill is to clarify the nomenclature used in the existing legislation, ensuring that the short title accurately represents the content and intent of the law. This amendment is categorized under the 'REVENUE-TECH' heading, indicating its nature as a technical revenue provision intended to enhance legislative clarity.
Given the technical nature of SB0810, it has likely faced little contention during discussions. However, any changes to tax legislation, even those deemed minor, can invoke scrutiny regarding potential implications for tax revenue or administrative processes. Overall, the bill represents a procedural adjustment rather than a shift in policy, and part of its intent is to uphold the integrity of tax regulation frameworks within the state.