Friday, January 4, 2013

2/3 of Corporations in Illinois Pay No Income Tax!



Take Action Now - Support SB 282, the Illinois Corporate Tax Disclosure and Responsibility Act

  
Your help is needed NOW to pass SB 282, the Illinois Corporate Tax Disclosure and Responsibility Act that will require publicly traded corporations to disclose the amount of taxes paid and tax credits received.
  

This is an important transparency and accountability bill that will give legislators the information they need to help solve Illinois’ revenue crisis and stop cutting funds for education and other important human services.
 
 

SB 282 was passed in the Illinois Senate in November. The House Revenue Committee will meet Sunday, January 6th at 3 pm to vote on this bill.  It will be brought before the House on January 7th or 8th, 2013.


The Illinois Director of Revenue testified last year that two-thirds of corporations in Illinois are paying no Illinois corporate income tax. Because of current laws, no one can say which corporations aren’t paying taxes, or why.
 


TAKE ACTION:


There are two things you can do now to help pass SB 282 - the Illinois Corporate Tax Disclosure and Responsibility Act currently before the Illinois House Revenue Committee.  Each one takes just 2 minutes.

1.   Fill out a Witness Slip. These slips go to the House Revenue Committee that will vote Sunday on whether to send the bill to the full house for a vote. Fill out the IDENTIFICATION section completely, but skip the REPRESENTATION section (it's for lobbyists). In the POSITION section, check "proponent" and in the TESTIMONY section, check "Record of Appearance Only". Be sure to type the CAPTCHA, check Terms of Agreement. Click on Create (Slip).

2.   Call your representative. Please leave a simple message: “My name is _____________. I live in Representative ___'s district.  I’m a member of Protestants for the Common Good calling to urge the Representative to vote for SB 282, the Corporate Tax Disclosure and Responsibility Act. This is an important bill that will allow for transparency and accountability and help bring fairness to Illinois taxes. SB 282 will give us information we need to begin to solve Illinois’ revenue crisis.”  

To determine your state representative, check PCG's website or call the State Board of Elections Springfield office at 217-782-4141

If your representative is a sponsor of SB 282, please call them to ensure they know that we appreciate their support.  House Sponsors include: Rep. Barbara Flynn Currie - Jack D. Franks - Sara FeigenholtzGreg HarrisLa Shawn K. FordArthur TurnerThaddeus JonesAnn WilliamsKimberly du Buclet and Esther Golar.


THANK YOU for your help. Please let us know what response you receive.
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