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Tax overhaul deadline looms as 1979 replacement debated
A Springfield conference warns Illinois may miss the January 1 1979 deadline to replace the personal property tax on corporations. Lawmakers face court risks, and county treasurers could hold the tax funds until a ruling. Experts note uneven collection and a hostile business climate if not enacted.
MENTIONED IN THIS ARTICLE
Illinois
Geal
Maurice Scott
Illinois Taxpayer's Federation
House Revenue Committee
Downstate
John Castle
Dept. of
Ilinois Manufacturers’ Assn