90th General Assembly
Summary of HB0095
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House Sponsors:
DART-ERWIN-SCOTT-HOLBROOK-HOWARD, BOLAND AND BUGIELSKI.

Short description: 
ADOPT-A-SCHOOL INC TAX CREDIT                                              

Synopsis of Bill as introduced:
        Amends the Illinois Income Tax Act to create  a  tax  credit  for      
   corporations  in  the  amount  of  25%  of amounts expended during the      
   taxable year on an Adopt-a-Public School Program. Defines the elements      
   of the program. Applies to tax years ending on or after  December  31,      
   1997. Sunsets the credit after 10 years. Effective immediately.             
 
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status