IL HB5314 | 2013-2014 | 98th General Assembly

Illinois House Bill 5314 (Prior Session Legislation)

Status

Completed Legislative Action
Sponsorship: Moderate Partisan Bill (Republican 5-1)
Status: Failed on December 3 2014 - 100% progression
Action: 2014-12-03 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Illinois Income Tax Act. Creates a tax credit for each individual taxpayer who adopts a child during the taxable year in an amount equal to certain nonrecurring adoption expenses incurred by the taxpayer in connection with that adoption. Provides that the credit may not exceed $4,000 per child. Provides that the credit is exempt from the Act's automatic sunset provision. Effective immediately.

Title

INC TX-ADOPTION TAX CREDIT

History

Date	Chamber	Action
2014-12-03	House	Session Sine Die
2014-03-28	House	Rule 19(a) / Re-referred to Rules Committee
2014-03-20	House	Added Co-Sponsor Rep. Ann Williams
2014-03-20	House	Added Co-Sponsor Rep. Ron Sandack
2014-03-20	House	Added Co-Sponsor Rep. Ed Sullivan, Jr.
2014-03-20	House	Added Co-Sponsor Rep. David McSweeney
2014-03-17	House	Added Chief Co-Sponsor Rep. Dwight Kay
2014-02-21	House	To Income Tax Subcommittee
2014-02-20	House	Assigned to Revenue & Finance Committee
2014-02-07	House	Referred to Rules Committee
2014-02-07	House	First Reading
2014-02-07	House	Filed with the Clerk by Rep. Barbara Wheeler

Code Citations

Chapter	Article	Section	Citation Type	Statute Text
35	5	224	New Code	See Bill Text

Illinois State Sources

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=5314&GAID=12&DocTypeID=HB&SessionID=85&GA=98
Text	https://www.ilga.gov/legislation/98/HB/09800HB5314.htm