Illinois General Assembly - Bill Status for HB0262
Illinois General Assembly

Previous General Assemblies

 Bill Status of HB0262  93rd General Assembly


Short Description:  INCOME TAX-FAMILY LEAVE CREDIT

House Sponsors
Rep. Carolyn H. Krause - Paul D. Froehlich

Last Action
DateChamber Action
  1/11/2005HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/213 new


Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that, beginning with taxable years ending on or after December 31, 2003, each taxpayer that is an employer is entitled to an income tax credit in the amount of 50% of the salary or wage costs incurred in granting paid family leave to any employee, not to exceed $2,000 per employee per year. Provides that the tax credit may be carried forward for 5 taxable years. Exempts the credit from the sunset provisions of the Act.

Actions 
DateChamber Action
  1/23/2003HouseFiled with the Clerk by Rep. Carolyn H. Krause
  1/23/2003HouseFirst Reading
  1/23/2003HouseReferred to Rules Committee
  1/29/2003HouseAssigned to Revenue Committee
  2/21/2003HouseAdded Chief Co-Sponsor Rep. Paul D. Froehlich
  3/13/2003HouseRule 19(a) / Re-referred to Rules Committee
  1/11/2005HouseSession Sine Die

Back To Top