Bill Status of HB0297 99th General Assembly
Short Description: INC TX-EARNED INCOME CREDIT
Rep. Jack D. Franks, Martin J. Moylan, Stephanie A. Kifowit, Carol Ammons, Pamela Reaves-Harris, Daniel V. Beiser, Kenneth Dunkin, Natalie A. Manley, Jehan Gordon-Booth, Anthony DeLuca, Patrick J. Verschoore and Sue Scherer
| 1/10/2017||House||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that, for taxable years beginning on or after January 1, 2015, the earned income tax credit shall be 15% (instead of 10%) of the federal credit. Effective immediately.