Given that SB2166 involves a technical amendment to an existing law, the immediate impact on state laws is limited. It does not introduce new tax categories, rates, or compliance requirements, but simply alters the way the existing law is referenced. This could streamline updates or revisions to the Act in the future and potentially prevent confusion during legislative or legal discussions regarding the Act's provisions.
SB2166, introduced by Senator Sara Feigenholtz, is a bill aimed at amending the Illinois Income Tax Act. The bill primarily serves to make a technical change concerning the short title of the Act, which is identified as the 'Illinois Income Tax Act'. The change appears to be procedural rather than substantive, indicating a focus on clarifying the legislation rather than altering its foundational principles or tax rates.
Since this bill primarily consists of technical adjustments, it has not generated significant contention in the legislative discussions or voting history. Its straightforward nature does not provoke the kind of debates typically seen with substantive tax legislation. However, the lack of substantial content may also raise questions among some lawmakers about the necessity of introducing such a bill, suggesting a need for careful legislative prioritization.
The bill's introduction aligns with broader legislative efforts to maintain accurate and clearly understood tax law. By focusing on clarity rather than content, it reflects a legislative practice of ensuring that laws remain accessible and transparent to lawmakers and the public alike. Further discussions might explore whether additional technical amendments are needed in other areas of the Income Tax Act.