Bill Status of HB5119 101st General Assembly
Short Description: INC TX-ADOPTION
Rep. Darren Bailey - Tim Butler - Tom Weber - Kelly M. Cassidy - Mark Batinick, Mike Murphy, Amy Grant, Allen Skillicorn, Dan Ugaste, Andrew S. Chesney, Michael J. Zalewski and Thomas Morrison
| 1/13/2021||House||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates an income tax credit in an amount equal to the foster care expenses, not to exceed $1,000 in any taxable year, paid or incurred by the taxpayer with respect to a qualified dependent child. Provides that the credit may be prorated. Effective immediately.