92nd General Assembly
Status of HB6037
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BRADY.

   35 ILCS 5/203             from Ch. 120, par. 2-203                          

        Amends the Illinois  Income  Tax  Act.  Allows  a  deduction  for      
   individuals  from base income in an amount equal to all or part of the      
   lump sum  payment  a  retiring  Illinois  public  university  employee      
   received  in  the taxable year upon withdrawal from service as payment      
   for the employee's unused sick leave,  personal  leave,  and  vacation      
   time  to  the  extent the employee donated all or part of the lump sum      
   payment in the taxable year to an Illinois public university.  Exempts      
   the  deduction  from  the  sunset  provisions  of  the  Act. Effective      
   immediately.                                                                
   FEB-11-2002  H  FILED WITH CLERK                                               
   FEB-11-2002  H  FIRST READING                                                  
   FEB-11-2002  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   JAN-07-2003  H  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary