A proposal to shift Illinois from a flat income tax to a graduated income tax and several related bills passed in the Senate during the past week, and the May 3 issue of the Illinois REALTORS® State Capitol Report provides analysis.

Other important action in the Illinois General Assembly during the same week as the Illinois REALTORS® Capitol Conference included committee approval of two Illinois House bills concerning local government consolidation, subcommittee approval of the Immigrant Tenant Protection Act and committee approval of the Real Estate Appraisal Act.

For more details on each of these matters and more, read the May 3 State Capitol Report.