91st General Assembly
Summary of HB1120
   [ Home ]   [ Back ]   [ Legislation ]
Legislation:  
Please enter a bill number.



 Full Text  Bill Status
House Sponsors:
SCHOENBERG-FEIGENHOLTZ-RONEN-MATHIAS-HAMOS, FRANKS, GIGLIO, 
   SLONE, GASH, COULSON, SCOTT, GRANBERG, ERWIN, 
   O'CONNOR, OSMOND, SILVA, JOHNSON,TIM AND MITCHELL,BILL.

Senate Sponsors:
PETERSON-LINK-BERMAN-SILVERSTEIN-PARKER

Short description: 
INC TX-HOLOCAUST CLAIM CREDIT                                              

Synopsis of Bill as introduced:
        Amends the Illinois  Income  Tax  Act.   Grants  a  deduction  to      
   individuals,  trusts,  and  estates in the amount of distributions and      
   items of income received by the taxpayer because of his or her  status      
   as  a  victim or descendant of a victim of Nazi persecution.  Provides      
   that the amount of and the eligibility for any State assistance is not      
   affected by including these distributions and items of income in gross      
   income for federal income tax purposes. Exempts the provision from the      
   sunset requirement.  Effective immediately.                                 
        HOUSE AMENDMENT NO. 1.                                                 
        Defines  victim  of  Nazi  persecution  to  mean  an   individual      
   persecuted  for  racial  or  religious  reasons by Nazi Germany or any      
   other Axis regime.                                                          
        SENATE AMENDMENT NO. 1.                                                
          Adds reference to:                                                   
          305 ILCS 5/3-1.2                from Ch. 23, par. 3-1.2              
          305 ILCS 5/3-5                  from Ch. 23, par. 3-5                
          305 ILCS 5/4-1.6                from Ch. 23, par. 4-1.6              
          305 ILCS 5/4-2                  from Ch. 23, par. 4-2                
          305 ILCS 5/5-2                  from Ch. 23, par. 5-2                
          305 ILCS 5/5-4                  from Ch. 23, par. 5-4                
          305 ILCS 5/6-1.2                from Ch. 23, par. 6-1.2              
          305 ILCS 5/6-2                  from Ch. 23, par. 6-2                
          320 ILCS 25/3.07                from Ch. 67 1/2, par. 403.07         
        Amends the Illinois Public  Aid  Code  and  Senior  Citizens  and      
   Disabled  Persons  Property  Tax  Relief and Pharmaceutical Assistance      
   Act.  Excludes distributions and items of income received as a  victim      
   or  descendant  of a victim of Nazi persecution from consideration for      
   eligibility under the public aid provisions.                                
 
Last action on Bill: PUBLIC ACT.............................. 91-0676

   Last action date: 99-12-23

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   1     SENATE -   1


   END OF INQUIRY 



 Full Text  Bill Status