Income Tax

Issue Brief: The Taxpayer Accountability and Budget Stabilization Act (P.A. 96-1496)

Release: February 9, 2011

This Issue Brief provides an overview of the Taxpayer Accountability and Budget Stabilization Act (P.A. 96-1496), which took effect in fiscal year 2011. 

Initial Analysis of Recent Tax Increases and Spending Caps Implemented Under P.A. 96-1496

Release: January 26, 2011

This is a presentation of CTBA's analysis of The Taxpayer Accountability and Budget Stabilization Act (P.A. 96-1496), which temporarily increased the income tax rates in Illinois and implement spending caps of the General Fund budget.

Help Struggling Families: Grow the Illinois Earned Income Tax Credit

Release: February 26, 2009

A Fact Sheet on Illinois' state Earned Income Tax Credit, and legislation from the 96th General Assembly that would have increased it.