KRAUSE-COULSON-OSMOND-LYONS,EILEEN-GARRETT, MAY, KLINGLER, CURRY,JULIE, MCCARTHY AND O'BRIEN. 35 ILCS 5/213 new Amends the Illinois Income Tax Act. Provides that for taxable years ending on or after December 31, 2001, each taxpayer who is an employer is entitled to a tax credit in an amount equal to 5% of the costs incurred by the taxpayer during the taxable year to provide long-term care insurance as a part of an employee benefit package. The credit, however, may not exceed the lesser of (i) $5,000 or (ii) $100 for each employee covered by long-term care insurance provided under the employee benefit package. Provides that the credit may be carried forward for 5 taxable years. Exempts the credit from the sunset provisions. Effective January 1, 2002. JAN-09-2001 H PREFILED WITH CLERK JAN-09-2001 H ADDED AS A JOINT SPONSOR COULSON JAN-10-2001 H FIRST READING JAN-10-2001 H REFERRED TO HOUSE RULES COMMITTEE RULES JAN-11-2001 H ADDED AS A JOINT SPONSOR OSMOND JAN-30-2001 H ADDED AS A JOINT SPONSOR LYONS,EILEEN JAN-30-2001 H ADDED AS A JOINT SPONSOR GARRETT JAN-30-2001 H ADDED AS A CO-SPONSOR MAY JAN-31-2001 H ASSIGNED TO COMMITTEE REVENUE JAN-31-2001 H ADDED AS A CO-SPONSOR FEIGENHOLTZ FEB-06-2001 H ADDED AS A CO-SPONSOR KLINGLER FEB-06-2001 H ADDED AS A CO-SPONSOR CURRY,JULIE FEB-14-2001 H ADDED AS A CO-SPONSOR MCCARTHY FEB-27-2001 H ADDED AS A CO-SPONSOR O'BRIEN MAR-16-2001 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL JAN-07-2003 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary