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Illinois General Assembly Enacts Budget Bill Providing Several Tax Law Updates

Article
2 minute read
July 31, 2017

On July 6, 2017, the Illinois General Assembly enacted Senate Bill 9 (SB9) after the Senate and House voted to override the Governor’s veto of the bill. SB9 contains several significant tax law changes, raising rates on nearly all taxes statewide. Major highlights from the new law include:

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