Tax Amnesty Program Nets More Than $60 Million More Than Expected

SPRINGFIELD — A tax amnesty program created during the passage of last year’s state operating budget has brought in nearly $240 million — approximately $60 million more than was expected — the Illinois Department of Revenue announced Tuesday. The Illinois Tax Amnesty Program, proposed by Gov. JB Pritzker and passed as part of Senate Bill 689, allowed qualified taxpayers to pay off any outstanding state tax liability and have corresponding penalties and interest forgiven. IDOR said in a news release that 63,006 taxpayers have taken advantage of the program, which brought in a verified $237 million as of Jan.

Sections:  u.s.   
Topics:  Illinois   McHenry County   Crystal Lake   
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