Illinois General Assembly - Bill Status for SB2548
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 Bill Status of SB2548  103rd General Assembly


Short Description:  INC TX-TEACHER CREDIT

Senate Sponsors
Sen. Miguel del Valle

Last Action
DateChamber Action
  1/9/2007SenateSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/216 new


Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates an income tax credit of $250 to $1,000 for certain qualified teachers who teach in schools in low-income areas. Provides that the credit may not be carried forward or back and may not reduce the taxpayer's liability to less than zero. Effective immediately.

Actions 
DateChamber Action
  1/18/2006SenateFiled with Secretary by Sen. Miguel del Valle
  1/18/2006SenateFirst Reading
  1/18/2006SenateReferred to Rules
  2/8/2006SenateAssigned to Revenue
  2/15/2006SenatePostponed - Revenue
  2/17/2006SenateRule 3-9(a) / Re-referred to Rules
  1/9/2007SenateSession Sine Die

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