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91_HB0106
LRB9100781PTpk
1 AN ACT to amend the Illinois Income Tax Act by adding
2 Section 213.
3 Be it enacted by the People of the State of Illinois,
4 represented in the General Assembly:
5 Section 5. The Illinois Income Tax Act is amended by
6 adding Section 213 as follows:
7 (35 ILCS 5/213 new)
8 Sec. 213. Individual tax credit for dependent care.
9 (a) Beginning with taxable years ending on or after
10 December 31, 1999 and ending with taxable years ending on or
11 before December 31, 2008, every individual taxpayer is
12 entitled to a tax credit equal to 25% of the credit received
13 by the taxpayer for the same taxable year under Section 21 of
14 the Internal Revenue Code of 1986 for employment-related
15 expenses for care of a child, spouse, or parent who is a
16 disabled person. In no event shall a credit under this
17 Section reduce an individual's tax liability to less than
18 zero.
19 (b) As used in this Section, "employment-related" is
20 defined as in Section 21(b)(2) of the Internal Revenue Code
21 of 1986.
22 Section 99. Effective date. This Act takes effect upon
23 becoming law.