Illinois HB5794 imposes a 100% tax on compensation received from the Anti-Weaponization Fund by state residents.
Illinois HB5794, the Anti-Weaponization Fund Tax Act, imposes a tax on any resident who receives compensation from the Anti-Weaponization Fund, established by the United States Department of Justice as a result of the settlement agreement in Trump v. Internal Revenue Service. The tax is equal to 100% of the compensation received. The Department of Revenue is responsible for administering and enforcing the Act, collecting the tax, and determining rights to credit memoranda or refunds. The proceeds from the tax will be deposited into the General Revenue Fund.
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