O'CONNOR, JONES,JOHN, SOMMER, ZICKUS, LYONS,EILEEN,
BELLOCK, BOLAND AND MITCHELL,JERRY.
INC TX-DEDUCT MEDICARE PART B
Synopsis of Bill as introduced:
Amends the Illinois Income Tax Act. Creates a deduction for
individual taxpayers who are 62 years of age or older in an amount
equal to the amount the individual pays for Medicare Part B benefits
during the taxable year. Provides that the deduction is available in
taxable years ending on or after December 31, 1999. Exempts the
deduction from the sunset provisions. Effective immediately.
Last action on Bill: SESSION SINE DIE
Last action date: 01-01-09
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0
END OF INQUIRY
Full Text Bill Status