90th General Assembly
Summary of HB1841
   [ Home ]   [ Back ]   [ Legislation ]
Please enter a bill number.

 Full Text  Bill Status
House Sponsors:

Short description: 
INC TX-DEDUCT-LONG TERM CARE                                               

Synopsis of Bill as introduced:
        Amends the Illinois  Income  Tax  Act.   Creates  an  income  tax      
   deduction for individuals in an amount of up to $500 for premiums paid      
   by  a  qualifying  individual  on  a  long-term care insurance policy.      
   Provides that a qualifying individual has an annual  household  income      
   of  less  than  $60,000. Applicable to tax years beginning on or after      
   January 1, 1997.  Sunsets the deduction after 5 years.                      
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


 Full Text  Bill Status