IL HB5097 | 2009-2010 | 96th General Assembly
Status
Spectrum: Bipartisan Bill
Status: Introduced on January 26 2010 - 25% progression, died in committee
Action: 2010-03-17 - Added Co-Sponsor Rep. Michael K. Smith
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 26 2010 - 25% progression, died in committee
Action: 2010-03-17 - Added Co-Sponsor Rep. Michael K. Smith
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Illinois Income Tax Act. Provides that for taxable years ending on or after December 31, 2010, each taxpayer who was a volunteer emergency medical worker during the entire taxable year is entitled to an income tax credit. Provides that the credit may not exceed $500 or the amount of the taxpayer's liability under this Act, whichever is less. Prohibits the carry forward of an excess tax credit to a succeeding year's tax liability. Exempts the provisions from the sunset requirements. Effective July 1, 2010.
Title
TAX CREDIT-VOLUNTEER EMS
Sponsors
History
Date | Chamber | Action |
---|---|---|
2010-03-17 | Added Co-Sponsor Rep. Michael K. Smith | |
2010-01-29 | Referred to Rules Committee | |
2010-01-29 | First Reading | |
2010-01-26 | Filed with the Clerk by Rep. Rich Brauer |
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=5097&GAID=10&DocTypeID=HB&SessionID=76&GA=96 |
Text | https://www.ilga.gov/legislation/96/HB/09600HB5097.htm |