91st General Assembly
Status of HB1855
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 Full Text  Bill Summary

   35 ILCS 5/211 new                                                           

        Amends the Illinois Income Tax Act.  Provides that beginning with      
   taxable year 1999, a tax credit is granted to taxpayers who  employ  5      
   or  more  persons  for  10%  of  the  cost of day care provided to the      
   employees at the place of employment.  Allows an excess tax credit  to      
   be  carried  forward and applied to the tax liability of the 2 taxable      
   years following the excess credit year.  Exempts  the  provision  from      
   the Act's sunset requirement.  Effective immediately.                       
   99-02-18  H  FIRST READING                                                  
   99-02-18  H  ADDED AS A JOINT SPONSOR                 TENHOUSE              
   99-02-18  H  ADDED AS A JOINT SPONSOR                 COULSON               
   99-02-18  H  ADDED AS A JOINT SPONSOR                 PARKE                 
   99-02-18  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   99-02-24  H       ASSIGNED TO COMMITTEE               REVENUE               
   99-02-24  H  JOINT-SPONSOR CHANGED TO                 SCHOENBERG            
   99-03-05  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   99-03-19  H  ADDED AS A CO-SPONSOR                    ERWIN                 
   00-04-15  H  ADDED AS A CO-SPONSOR                    WINKEL                
   01-01-09  H  SESSION SINE DIE                                               


 Full Text  Bill Summary