INC TX-ELDERCARE TAX CREDIT House SponsorsRep. Bob Biggins-Randall M. Hultgren-Rich Brauer-Raymond Poe-Sandra M. Pihos, Angelo Saviano, Sidney H. Mathias, Rosemary Mulligan, Paul D. Froehlich and Rosemary Kurtz 1/11/2005HouseSession Sine Die 35 ILCS 5/213 new Amends the Illinois Income Tax Act. Grants a credit against the tax imposed by the Act in the amount of expenditures during the taxable year for the care of an individual 65 years of age or older who is claimed as a dependent on the taxpayer's federal income tax return. Provides that the amount of the credit for the taxable year may be no more than $1,000 or the taxpayer's tax liability for the year, whichever is less. Allows an excess credit to be carried forward to the tax liability of 2 succeeding taxable years. Exempts the credit from the Act's sunset requirement. Effective immediately. 2/21/2003HouseFiled with the Clerk by Rep. Bob Biggins 2/21/2003HouseFirst Reading 2/21/2003HouseReferred to Rules Committee 2/25/2003HouseAdded Chief Co-Sponsor Rep. Randall M. Hultgren 2/25/2003HouseAdded Chief Co-Sponsor Rep. Rich Brauer 2/25/2003HouseAdded Chief Co-Sponsor Rep. Raymond Poe 2/25/2003HouseAdded Chief Co-Sponsor Rep. Sandra M. Pihos 2/25/2003HouseAdded Co-Sponsor Rep. Angelo Saviano 2/25/2003HouseAdded Co-Sponsor Rep. Sidney H. Mathias 2/25/2003HouseAdded Co-Sponsor Rep. Rosemary Mulligan 2/25/2003HouseAdded Co-Sponsor Rep. Paul D. Froehlich 2/25/2003HouseAdded Co-Sponsor Rep. Rosemary Kurtz 2/26/2003HouseAssigned to Revenue Committee 3/13/2003HouseRule 19(a) / Re-referred to Rules Committee 1/11/2005HouseSession Sine Die