'Millionaire tax' bill dies in State House

By WEEK Producer

'Millionaire tax' bill dies in State House

April 9, 2014 Updated Apr 9, 2014 at 10:43 PM CDT

SPRINGFIELD, Ill -- A bill that calls for an extra tax on millionaires in Illinois has stalled out.

Speaker Mike Madigan was not able to drum up enough support in the house for the so called 'millionaire tax.'

The bill called for a 3% surcharge on anyone making more than a million dollars a year.

The money would have gone to school funding.