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<title>Illinois General Assembly - Bill Status for HB 2487   </title>
<shortdesc>MIL CD-NAT GUARD-INC TX CREDIT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Ralph C. Capparelli-Daniel J. Burke-Michael P. McAuliffe, Maria Antonia Berrios, Richard T. Bradley, Joseph M. Lyons, Susana Mendoza, Angelo Saviano, Lou Lang, Kevin Joyce, Brandon W. Phelps, Michael K. Smith, Gary Forby, Naomi D. Jakobsson and Mike Boland</sponsors>
</sponsor>
<lastaction>
<statusdate>1/11/2005</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>20 ILCS 1805/100.5 new</reference><aliasreference></aliasreference><reference>35 ILCS 5/213 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Military Code of Illinois. Provides that a person who is a member of the Illinois National Guard or the federal military and who is on active duty shall be accorded all of the relief and benefits under the laws of this State that are accorded to federal military personnel on active duty under the Soldiers' and Sailors' Civil Relief Act of 1940 if the person provides written notice of his or her active duty in the same manner that notice is provided under the Soldiers' and Sailors' Civil Relief Act of 1940. Requires notice of termination of active duty within 30 days after that termination. Amends the Illinois Income Tax Act. Provides that, for taxable years ending on or after December 31, 2003, each taxpayer is entitled to an income tax credit in the amount of $1,000 per taxable year if, at any time during the taxable year, the taxpayer's spouse served on active duty in the Illinois National Guard or a reserve component of the armed forces of the United States. Allows the credit to be carried forward for 10 years and exempts the credit from the sunset provisions of the Act. Effective immediately.</SynopsisText><synopsistitle>Fiscal Note (Illinois Department of Revenue)</synopsistitle>
<SynopsisText>It is not possible to accurately predict when someone will be called up to active duty. However, an upper limit can be estimated using the Illinois military pay deduction data. For tax year 2001, over 40,000 military pay deductions were claimed reducing income tax liabilities by over $20 million. If 40,000 taxpayers were to claim the armed service support credit, then tax liabilities could be reduced by $40 million per year.</SynopsisText></synopsis>
<actions>
<statusdate>2/20/2003</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Ralph C. Capparelli</action>
<statusdate>2/20/2003</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. Daniel J. Burke</action>
<statusdate>2/20/2003</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. Michael P. McAuliffe</action>
<statusdate>2/20/2003</statusdate><chamber>House</chamber><action>Co-Sponsor Rep. Maria Antonia Berrios</action>
<statusdate>2/20/2003</statusdate><chamber>House</chamber><action>Co-Sponsor Rep. Richard T. Bradley</action>
<statusdate>2/20/2003</statusdate><chamber>House</chamber><action>Co-Sponsor Rep. Joseph M. Lyons</action>
<statusdate>2/20/2003</statusdate><chamber>House</chamber><action>Co-Sponsor Rep. Susana Mendoza</action>
<statusdate>2/20/2003</statusdate><chamber>House</chamber><action>Co-Sponsor Rep. Angelo Saviano</action>
<statusdate>2/20/2003</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/20/2003</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/26/2003</statusdate><chamber>House</chamber><action>Assigned to Revenue Committee</action>
<statusdate>3/4/2003</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Lou Lang</action>
<statusdate>3/5/2003</statusdate><chamber>House</chamber><action>Fiscal Note Filed</action>
<statusdate>3/13/2003</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>3/19/2003</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Kevin Joyce</action>
<statusdate>3/19/2003</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Brandon W. Phelps</action>
<statusdate>3/19/2003</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Michael K. Smith</action>
<statusdate>3/19/2003</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Gary Forby</action>
<statusdate>3/19/2003</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Naomi D. Jakobsson</action>
<statusdate>3/20/2003</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Mike Boland</action>
<statusdate>1/11/2005</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

