HB2684 96TH GENERAL ASSEMBLY

LRB096 09915 RCE 20078 b

96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
HB2684

Introduced 2/24/2009, by Rep. Rosemary Mulligan

SYNOPSIS AS INTRODUCED:

35 ILCS 5/218 new

Amends the Illinois Income Tax Act. Authorizes a credit to taxpayers for expenditures by the taxpayer during the taxable year for the purpose of providing assistive devices and other accommodations for customers of the taxpayer who are disabled persons if the assistive devices and other accommodations are over and above the requirements under the federal Americans with Disabilities Act, but not more than $500 per taxable year per business location. Provides that the credit may not reduce the taxpayer's liability to less than zero and may not be carried back or carried forward. Exempt from the Act's sunset provisions. Effective July 1, 2010.

FISCAL NOTE ACT MAY APPLY

A BILL FOR

AN ACT concerning revenue.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Illinois Income Tax Act is amended by adding Section 218 as follows:

(35 ILCS 5/218 new)

Sec. 218. Credit for accommodations for disabled persons.

(a) For each taxable year ending on or after December 31, 2010, each taxpayer is entitled to a credit against the tax imposed by subsections (a) and (b) of Section 201 of this Act for expenditures by the taxpayer during the taxable year for the purpose of providing assistive devices and other accommodations for customers of the taxpayer who are disabled persons if the assistive devices and other accommodations are over and above the requirements under the federal Americans with Disabilities Act, but not more than $500 per taxable year per business location. For partners, shareholders of Subchapter S corporations, and owners of limited liability companies, if the liability company is treated as a partnership for purposes of federal and State income taxation, there shall be allowed a credit under this Section to be determined in accordance with the determination of income and distributive share of income under Sections 702 and 704 and Subchapter S of the Internal Revenue Code.

(b) In no event shall a credit under this Section reduce the taxpayer's liability to less than zero. If the amount of the credit exceeds the tax liability for the year, the excess may not be carried carried back or carried forward.

(c) This Section is exempt from the provisions of Section 250.

Section 99. Effective date. This Act takes effect July 1, 2010.