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| | 98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014
HB5910 Introduced , by Rep. Michael W. Tryon SYNOPSIS AS INTRODUCED:
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Amends the Illinois Income Tax Act. Provides that each individual taxpayer is entitled to a credit in an amount equal to any adoption fees paid by the taxpayer during the taxable year in connection with the adoption of a cat or dog from a county animal control facility, a humane society, or an animal rescue organization, but not to exceed $100 per taxpayer in any taxable year. Provides that the credit may not be claimed for more than 3 animals in a taxable year. Provides that the credit is exempt from the Act's automatic sunset provisions. Effective immediately.
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| | | FISCAL NOTE ACT MAY APPLY | |
| | A BILL FOR |
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| | HB5910 | | LRB098 17847 HLH 52971 b |
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| 1 | | AN ACT concerning revenue.
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| 2 | | Be it enacted by the People of the State of Illinois,
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| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Illinois Income Tax Act is amended by adding |
| 5 | | Section 224 as follows:
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| 6 | | (35 ILCS 5/224 new) |
| 7 | | Sec. 224. Pet adoption credit. |
| 8 | | (a) Subject to the limitations set forth in this Section, |
| 9 | | for taxable years beginning on or after January 1, 2014, each |
| 10 | | individual taxpayer is entitled to a credit against the tax |
| 11 | | imposed by subsections (a) and (b) of Section 201 in an amount |
| 12 | | equal to any adoption fees paid by the taxpayer during the |
| 13 | | taxable year in connection with the adoption of a cat or dog |
| 14 | | from a county animal control facility, a humane society, or an |
| 15 | | animal rescue organization. The credit under this Section may |
| 16 | | not be claimed for more than 3 animals in a taxable year and |
| 17 | | may not exceed $100 per taxpayer in any taxable year. |
| 18 | | (b) If the amount of the tax credit exceeds the taxpayer's |
| 19 | | tax liability for the year, the excess credit may be refunded |
| 20 | | to the taxpayer. |
| 21 | | (c) This Section is exempt from the provisions of Section |
| 22 | | 250.
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