KARPIEL-MADIGAN,L-PARKER-JONES,W-CLAYBORNE, SULLIVAN, SMITH, VIVERITO, SILVERSTEIN, GEO-KARIS, RONEN,C, LINK AND WALSH,L. (PANKAU-O'BRIEN-COULSON-FEIGENHOLTZ-GRANBERG) 35 ILCS 5/211 new Amends the Illinois Income Tax Act. Provides that for taxable years 1999 through 2003, a tax credit is granted to corporate taxpayers for 10% of the cost of day care provided to the employees at the place of employment. Allows an excess tax credit to be carried forward and applied to the tax liability of the 5 taxable years following the excess credit year. Effective immediately. SENATE AMENDMENT NO. 1. Deletes reference to: 35 ILCS 5/211 new Adds reference to: 35 ILCS 5/210.5 new Deletes everything. Amends the Illinois Income Tax Act. Provides that each corporate taxpayer is entitled to an income tax credit in an amount equal to (i) for taxable years ending on or after December 31, 2000 and on or before December 31, 2004, 30% of the start-up costs expended by the corporate taxpayer to provide a child care facility for the children of its employees and (ii) for taxable years ending on or after December 31, 2000, 5% of the annual amount paid by the corporate taxpayer in providing the child care facility for the children of its employees. Exempts the 5% credit from the sunset provisions of the Act. Provides that if the 5% credit authorized under this Section is claimed, the 5% dependent care assistance program tax credit cannot also be claimed. Provides that a corporate taxpayer may provide and operate a child care facility independently or in partnership with other corporations. Allows an excess tax credit to be carried forward and applied to the tax liability of the 5 taxable years following the excess credit year. Effective immediately. GOVERNOR'S AMENDATORY VETO MESSAGE Recommends that a provision be added, limiting the term "child care facility" to child care facilities located in Illinois. 99-02-24 S FIRST READING 99-02-24 S REFERRED TO SENATE RULES COMMITTEE RULES 99-02-25 S ASSIGNED TO COMMITTEE REVENUE 99-03-11 S TO SUBCOMMITTEE 99-03-11 S COMMITTEE REVENUE 99-03-20 S RE-REFERRED TO RULES COMM/RULE 3-9(A) RULES 99-05-26 S RULED EXEMPT UNDER SENATE RULE 3-9(B) SRUL 99-05-26 S ASSIGNED TO COMMITTEE REVENUE 99-09-09 S POSTPONED 99-12-02 S ADDED AS A CHIEF CO-SPONSOR MADIGAN,L 00-01-25 S ADDED AS A CHIEF CO-SPONSOR PARKER 00-02-08 S ADDED AS A CHIEF CO-SPONSOR JONES,W 00-02-10 S AMENDMENT NO. 01-REVENUE S 00-02-10 S ADOPTED 00-02-10 S DO PASS AS AMENDED 007-002-001 SREV 00-02-10 S PLACED ON CALENDAR ORDER OF 2ND READING 00-02-15 00-02-10 S ADDED AS A CHIEF CO-SPONSOR CLAYBORNE 00-02-15 S SECOND READING 00-02-15 S PLACED ON CALENDAR ORDER OF 3RD READING 00-02-16 00-02-23 S ADDED AS A CO-SPONSOR SULLIVAN 00-02-23 S ADDED AS A CO-SPONSOR BURZYNSKI 00-02-23 S ADDED AS A CO-SPONSOR SMITH 00-02-23 S ADDED AS A CO-SPONSOR VIVERITO 00-02-23 S ADDED AS A CO-SPONSOR SILVERSTEIN 00-02-23 S ADDED AS A CO-SPONSOR GEO-KARIS 00-02-23 S ADDED AS A CO-SPONSOR RONEN,C 00-02-23 S ADDED AS A CO-SPONSOR HALVORSON 00-02-23 S ADDED AS A CO-SPONSOR LINK 00-02-23 S ADDED AS A CO-SPONSOR WALSH,L 00-02-23 S THIRD READING - PASSED 059-000-000 00-02-23 H ARRIVE IN HOUSE 00-02-23 H HOUSE SPONSOR PANKAU 00-02-23 H PLACED CALENDAR ORDER OF FIRST READING 00-02-24 H FIRST READING 00-02-24 H REFERRED TO HOUSE RULES COMMITTEE RULES 00-02-25 H ADDED AS A JOINT SPONSOR O'BRIEN 00-02-25 H ADDED AS A JOINT SPONSOR COULSON 00-03-08 H ADDED AS A JOINT SPONSOR FEIGENHOLTZ 00-03-16 H ASSIGNED TO COMMITTEE REVENUE 00-03-22 H JOINT-ALTERNATE-SPONSOR CHANGED TO O'BRIEN 00-03-24 H DO PASS/SHORT DEBATE 009-000-000 HREV 00-03-24 H PLACED CALENDAR 2ND READING-SHORT DEBATE 00-03-24 H ADDED AS A JOINT SPONSOR GRANBERG 00-03-29 H SECOND READING-SHORT DEBATE 00-03-29 H PLCD CAL ORDER 3RD READING-SHORT DEBATE 00-03-30 H THIRD READING/SHORT DEBATE/PASSED 115-000-000 00-03-30 S PASSED BOTH HOUSES 00-04-19 S SENT TO THE GOVERNOR 00-06-13 S GOVERNOR AMENDATORY VETO 00-11-09 S PLACED CALENDAR AMENDATORY VETO NOVEMBER 14, 2000 00-11-14 S MOTION FILED ACCEPT AMENDATORY VETO KARPIEL 00-11-15 S ACCEPT AMENDATORY VETO - SENATE PASSED 058-000-000 00-11-16 H ARRIVE IN HOUSE 00-11-16 H PLACED CALENDAR AMENDATORY VETO NOVEMBER 28, 2000 00-11-28 H MOTION FILED ACCEPT AMENDATORY VETO PANKAU 00-11-28 H MOTION REFERRED TO HRUL 00-11-28 H APPROVED FOR CONSIDERATION - COMPLIANCE HRUL/005-000-000 00-11-28 H 3/5 VOTE REQUIRED 00-11-28 H ACCEPT AMENDATORY VETO - HOUSE PASSED 113-000-000 00-11-28 S BOTH HOUSES ACCEPT AMENDATORY VETO 00-12-08 S RETURNED TO GOVERNOR FOR CERTIFICATION 00-12-15 S GOVERNOR CERTIFIES CHANGES 00-12-15 S EFFECTIVE DATE 00-12-15 00-12-15 S PUBLIC ACT.............................. 91-0930 END OF INQUIRY Full Text Bill Summary