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<xml>
<title>Illinois General Assembly - Bill Status for HB 557    </title>
<shortdesc>INC TX-EARNED INCOME CREDIT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Barbara Flynn Currie-Patricia Reid Lindner-William B. Black-William Davis-Susana A Mendoza, Lou Lang, Arthur L. Turner, Angelo Saviano, Constance A. Howard, Annazette Collins, Deborah L. Graham, Kathleen A. Ryg, Richard T. Bradley, Mike Boland, Wyvetter H. Younge, Sara Feigenholtz, Bill Mitchell, Daniel J. Burke, Jack D. Franks, Al Riley, Careen M Gordon, Lisa M. Dugan, Monique D. Davis, LaShawn K. Ford, JoAnn D. Osmond, Maria Antonia Berrios, Elizabeth Hernandez, Karen May, Julie Hamos, Naomi D. Jakobsson, Elizabeth Coulson, Elga L. Jefferies and Fred Crespo</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2009</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/212</reference><aliasreference></aliasreference><SynopsisText>     Amends the Illinois Income Tax Act. Increases the amount of the earned income tax credit from 5% of the federal tax credit to (i) 10% of the federal tax credit for each taxable year beginning on or after January 1, 2007, (ii) 15% of the federal tax credit for each taxable year beginning on or after January 1, 2009, and (iii) 20% of the federal tax credit for each taxable year beginning on or after January 1, 2011. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/1/2007</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Barbara Flynn Currie</action>
<statusdate>2/5/2007</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/5/2007</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/6/2007</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Patricia Reid Lindner</action>
<statusdate>2/6/2007</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. William B. Black</action>
<statusdate>2/6/2007</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. William Davis</action>
<statusdate>2/6/2007</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Susana A Mendoza</action>
<statusdate>2/7/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Lou Lang</action>
<statusdate>2/7/2007</statusdate><chamber>House</chamber><action>Assigned to Revenue Committee</action>
<statusdate>2/8/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Arthur L. Turner</action>
<statusdate>2/8/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Angelo Saviano</action>
<statusdate>2/8/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Constance A. Howard</action>
<statusdate>2/8/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Annazette Collins</action>
<statusdate>2/8/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Deborah L. Graham</action>
<statusdate>2/8/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Kathleen A. Ryg</action>
<statusdate>2/8/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Richard T. Bradley</action>
<statusdate>2/8/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Mike Boland</action>
<statusdate>2/8/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Wyvetter H. Younge</action>
<statusdate>2/8/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Sara Feigenholtz</action>
<statusdate>2/8/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Bill Mitchell</action>
<statusdate>2/8/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Daniel J. Burke</action>
<statusdate>2/13/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Jack D. Franks</action>
<statusdate>2/21/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Al Riley</action>
<statusdate>2/21/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Careen M Gordon</action>
<statusdate>2/21/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Lisa M. Dugan</action>
<statusdate>2/22/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Monique D. Davis</action>
<statusdate>2/22/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. LaShawn K. Ford</action>
<statusdate>2/22/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. JoAnn D. Osmond</action>
<statusdate>2/28/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Maria Antonia Berrios</action>
<statusdate>3/1/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Elizabeth Hernandez</action>
<statusdate>3/7/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Karen May</action>
<statusdate>3/21/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Julie Hamos</action>
<statusdate>3/22/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Naomi D. Jakobsson</action>
<statusdate>3/23/2007</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>4/10/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Elizabeth Coulson</action>
<statusdate>4/18/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Elga L. Jefferies</action>
<statusdate>4/18/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Fred Crespo</action>
<statusdate>1/13/2009</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

