[ Search ] [ Legislation ]
[ Home ] [ Back ] [ Bottom ]
91_HB0168
LRB9100235PTbd
1 AN ACT to amend the Illinois Income Tax Act by adding
2 Section 211.
3 Be it enacted by the People of the State of Illinois,
4 represented in the General Assembly:
5 Section 5. The Illinois Income Tax Act is amended by
6 adding Section 211 as follows:
7 (35 ILCS 5/211 new)
8 Sec. 211. Tax credit for senior citizen's unreimbursed
9 health care costs. For taxable years 1999 through 2008, an
10 individual 65 years or older or an individual who will become
11 65 during the calendar year in which a claim is filed and
12 whose annual household income is below the minimum income
13 level specified in Section 4 of the Senior Citizens and
14 Disabled Persons Property Tax Relief and Pharmaceutical
15 Assistance Act is entitled to a credit against the tax
16 imposed by subsections (a) and (b) of Section 201 in an
17 amount up to $1,000 per taxable year for unreimbursed health
18 care costs. If a credit allowed under this Section exceeds
19 the tax liability of the taxpayer, the taxpayer shall receive
20 a refund for the amount of the excess.
21 For purposes of this Section, "unreimbursed health care
22 costs" means those expenditures not covered and paid by
23 Medicare, Medicaid, or private insurance.
24 Section 99. Effective date. This Act takes effect upon
25 becoming law.