91st General Assembly
Status of HB2688
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WINKEL-LANG-FRANKS-MATHIAS.

   35 ILCS 5/211 new                                                           

        Amends the  Illinois  Income  Tax  Act.   Grants  elementary  and      
   secondary  school teachers a credit against the tax imposed by the Act      
   in an amount equal to personal expenditures made by the  taxpayer  for      
   teaching materials.  Provides that the amount of the credit is limited      
   to  $500  or  the  individual's  tax  liability,  whichever  is  less.      
   Prohibits  the  carry  forward of an excess tax credit to a succeeding      
   taxable year.  Exempts the credit from the Act's  sunset  requirement.      
   Effective immediately.                                                      
   99-02-22  H  FIRST READING                                                  
   99-02-22  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   99-02-24  H       ASSIGNED TO COMMITTEE               REVENUE               
   99-03-01  H  ADDED AS A JOINT SPONSOR                 LANG                  
   99-03-01  H  ADDED AS A JOINT SPONSOR                 FRANKS                
   99-03-05  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   99-03-09  H  MOTION FILED TO DISCHARGE COMMITTEE      RULES AND PLACE ON    
   99-03-09  H                                           CALENDAR ORDER OF     
   99-03-09  H                                           2ND READING-WINKEL    
   99-03-09  H                   COMMITTEE               RULES                 
   99-03-10  H  JOINT-SPONSOR CHANGED TO                 MATHIAS               
   01-01-09  H  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary