The implications of SB0826 on state laws are primarily administrative. By making technical amendments to existing legislation, the bill aims to enhance the consistency of tax law references within Illinois statutes. While the changes are described as technical in nature, they play a crucial role in maintaining the integrity of legal documents, which is essential for both lawmakers and taxpayers in understanding the tax obligations and legal framework governing income tax in Illinois.
SB0826 is a bill introduced in the Illinois General Assembly aimed at amending the Illinois Income Tax Act. Specifically, the bill proposes a technical change to Section 101, which relates to the short title of the Act. This amendment intends to ensure clarity and precision in the legislative language regarding the Act's title, which is currently cited as the 'Illinois Income Tax Act'. The bill was introduced by Senator Don Harmon on February 2, 2023, reflecting a routine legislative process to update statutory references and ensure that the laws remain contemporary and properly articulated.
There appears to be limited contention surrounding SB0826, as it focuses on a technical adjustment rather than a substantive change in tax policy or rates. Generally, such amendments may not attract significant debate or controversy among lawmakers. However, bills of this nature can occasionally lead to discussions about broader tax reforms or the need for comprehensive updates to tax legislation, especially as economic conditions evolve.