90th General Assembly
Summary of SB1517
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Senate Sponsors:

Short description: 
INC TX-DEPENDENT CARE CR-10%                                               

Synopsis of Bill as introduced:
        Amends the Illinois Income Tax Act.  Provides that for tax  years      
   ending  on  or  after December 31, 1998, the dependent care assistance      
   program tax credit shall be available to manufacturers  and  retailers      
   (now manufacturers) and shall be in an amount equal to 10% (now 5%) of      
   the  amount  of  expenditures by the taxpayer in the tax year reported      
   under Section 129 of the Internal  Revenue  Code  to  provide  in  the      
   Illinois  premises  of  the  taxpayer's  workplace an on-site facility      
   dependent care assistance program under Section 129  of  the  Internal      
   Revenue Code.                                                               
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: Senate

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


 Full Text  Bill Status