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President Joe Biden and Governor Pritzker in 2021. Pritzker was inaugurated as Illinois's 43rd governor on January 14, 2019. [55] With an estimated net worth of $3.6 billion in January 2019, he became the richest politician in the United States. [56] He began his second term in office on January 9, 2023.
1040. As of the 2018 tax year, Form 1040, U.S. Individual Income Tax Return, is the only form used for personal (individual) federal income tax returns filed with the IRS. In prior years, it had been one of three forms (1040 [the "Long Form"], 1040A [the "Short Form"] and 1040EZ - see below for explanations of each) used for such returns.
Form 1040, officially, the U.S. Individual Income Tax Return, is an IRS tax form used for personal federal income tax returns filed by United States residents. The form calculates the total taxable income of the taxpayer and determines how much is to be paid to or refunded by the government. Income tax returns for individual calendar-year ...
Tax return. A tax return is a form on which a person or organization presents an account of income and circumstances, used by the tax authorities to determine liability for tax. [1][2] Tax returns are usually processed by each country's tax authority, known as a revenue service, such as the Internal Revenue Service in the United States, the ...
Legislation. The 101st General Assembly enacted a total of 673 bills into law. [4] Notable among these was the Illinois Cannabis Regulation and Tax Act (410 ILCS 705), which legalizes and regulates the production, consumption, and sale of cannabis in Illinois. It was approved by both houses by May 31, 2019, and came into effect January 1, 2020 ...
January 1, 2020; 4 years ago (2020-01-01) Code. 410 ILCS 705. Status: Current legislation. The Cannabis Regulation and Tax Act (Illinois House Bill 1438) is an act legalizing and regulating the production, consumption, and sale of cannabis in Illinois. It was approved by both houses by May 31, 2019 and came into effect January 1, 2020. [1][2]
SAFE-T Act. The Safety, Accountability, Fairness and Equity-Today Act, commonly known as the SAFE-T Act, is a state of Illinois statute enacted in 2021 that makes a number of reforms to the criminal justice system, affecting policing, pretrial detention and bail, sentencing, and corrections. [1][2] The Act's section on pretrial detention, which ...
In May 2021, the Illinois General Assembly passed a bill on mandatory K-12 sex education for all Illinois public school students. The governor of Illinois in August 2021 signed the bill into law and becomes effective 1 year later (i.e. August 1, 2022). [101] [102] [103]