Bill Status of HB3567 99th General Assembly
Short Description: INC TX-LONG TERM CARE
Rep. Jehan Gordon-Booth - Arthur Turner and Daniel V. Beiser
| 1/10/2017||House||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates a credit in an amount equal to 10% of any long-term care insurance premiums paid by the taxpayer during the taxable year. Provides that the credit may be carried forward. Provides that the credit is exempt from the Act's automatic sunset provisions. Effective immediately.