The direct impact of SB1145 is limited due to its technical nature; however, it contributes to the broader effort of maintaining accurate legal language in state tax laws. By clarifying the short title of the Illinois Income Tax Act, the bill aims to prevent potential confusion in future references to the Act. This can indirectly enhance efficiency in tax administration and compliance by ensuring that the legislation is accurately referenced in tax-related documents and discussions.
Summary
SB1145, introduced by Sen. John F. Curran, is a legislative proposal that amends the Illinois Income Tax Act. This amendment primarily involves a technical change related to the short title of the Act. The intent behind the bill is to ensure the accuracy and clarity of the Act’s citation, thereby promoting better understanding and compliance among both taxpayers and tax officials. Given the bill's nature as a technical amendment, it does not introduce new tax measures or alter existing tax rates or policies.
Contention
As a technical amendment, SB1145 is not expected to generate significant contention or debate among legislators. The lack of substantial changes to tax policies means there are minimal implications for constituents or interest groups that often engage in discussions around tax-related legislation. However, even technical bills may occasionally face scrutiny regarding the necessity and outcomes of such amendments, particularly from those focused on broader tax reform discussions. Overall, SB1145 is likely to progress with support from those who prioritize legal clarity and regulatory accuracy.