INC TX-RECYCLE ELECTRNCS-CREDT House SponsorsRep. Naomi D. Jakobsson 1/11/2005HouseSession Sine Die 35 ILCS 5/216 new Amends the Illinois Income Tax Act. Provides that, beginning with taxable years ending on or after December 31, 2004, each taxpayer is entitled to an income tax credit in the amount of fees paid in the taxable year by the taxpayer to a recycler for the acceptance of any electronic equipment surrendered by the taxpayer. Provides that the tax credit may not reduce the taxpayer's liability to less than zero and may not be carried forward or back to apply to any other taxable year. Exempts the credit from the sunset provisions of the Act. Effective July 1, 2004. 2/6/2004HouseFiled with the Clerk by Rep. Naomi D. Jakobsson 2/6/2004HouseFirst Reading 2/6/2004HouseReferred to Rules Committee 1/11/2005HouseSession Sine Die