Bill Status of HB1287  102nd General Assembly

Short Description:  INC TX-MEDICARE CREDIT

House Sponsors
Rep. Elizabeth Coulson - Sidney H. Mathias - Paul D. Froehlich - Carolyn H. Krause - Rosemary Mulligan, Lou Lang and Karen A. Yarbrough

Last Action
DateChamber Action
  1/9/2007HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/216 new

Synopsis As Introduced
Amends the Illinois Income Tax Act. Allows a credit against income tax for individual taxpayers who are 62 years of age or older in an amount equal to the aggregate amount that the taxpayer pays during the taxable year to qualify for Medicare Part D benefits under Title XVIII of the federal Social Security Act. Provides that the credit may not be carried forward or back and may not reduce the taxpayer's liability to less than zero. Exempts the credit from the sunset provisions. Effective immediately.

DateChamber Action
  2/9/2005HouseFiled with the Clerk by Rep. Elizabeth Coulson
  2/9/2005HouseAdded Chief Co-Sponsor Rep. Sidney H. Mathias
  2/9/2005HouseAdded Chief Co-Sponsor Rep. Paul D. Froehlich
  2/9/2005HouseAdded Chief Co-Sponsor Rep. Carolyn H. Krause
  2/9/2005HouseAdded Chief Co-Sponsor Rep. Rosemary Mulligan
  2/9/2005HouseFirst Reading
  2/9/2005HouseReferred to Rules Committee
  2/10/2005HouseAssigned to Revenue Committee
  2/23/2005HouseCo-Sponsor Rep. Lou Lang
  3/1/2005HouseAdded Co-Sponsor Rep. Karen A. Yarbrough
  3/10/2005HouseRule 19(a) / Re-referred to Rules Committee
  1/9/2007HouseSession Sine Die