91st General Assembly
Status of HB2832
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SCULLY.

   35 ILCS 5/215 new                                                           

        Amends the Illinois Income Tax Act.  Provides that beginning with      
   taxable years ending on or after December 31,  1999  and  ending  with      
   taxable years ending on or before December 31, 2008, an individual may      
   receive  an  income tax credit in an amount equal to 10% of the credit      
   received by the  taxpayer for the same taxable year under Section  129      
   of  the  Internal  Revenue  Code  of  1986 for expenditures during the      
   taxable year for the care of a child in a State certified day care  or      
   child  care  facility.    Provides  that  the  credit may not reduce a      
   taxpayer's tax liability to less than zero.  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               
   99-03-05  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   01-01-09  H  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary