92nd General Assembly
Summary of HB4006
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House Sponsors:
WRIGHT.

Short description: 
INC TAX DEDUCTION-CHILD CARE                                               

Synopsis of Bill as introduced:
        Amends the Illinois Income Tax Act. Provides for a deduction from      
   adjusted gross income of  $1,000  per  child  or  the  amount  of  the      
   individual  taxpayer's adjusted gross income, whichever is less, for a      
   married couple filing a  joint  return  who  have  a  minor  child  or      
   children, if one parent is a full-time stay-at-home parent responsible      
   for  the  care of the children. Provides that a deduction in excess of      
   the taxpayer's adjusted gross income may not  be  carried  forward  or      
   back  and exempts the deduction from the sunset provisions of the Act.      
   Effective immediately.                                                      
 
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



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