Bill Status of HB 2186   93rd General Assembly

Short Description:  INC TAX-EARNED CREDIT-EXTEND

House Sponsors
Rep. Barbara Flynn Currie-Patricia Reid Lindner-Arthur L. Turner-William B. Black-William Delgado, Sara Feigenholtz, John J. Millner, Lou Lang, Kathleen A. Ryg, Cynthia Soto, Thomas Holbrook, Gary Forby, Linda Chapa LaVia, Dave Winters, David R. Leitch, Mike Boland, Carole Pankau, Julie Hamos, Monique D. Davis, Patricia R. Bellock, Wyvetter H. Younge, Kevin A. McCarthy, Mary E. Flowers, Brandon W. Phelps, Ricca Slone, Michael K. Smith, Naomi D. Jakobsson, Robert F. Flider, Dan Reitz, Edward J. Acevedo, Jack McGuire, Annazette Collins, JoAnn D. Osmond, Karen May, Calvin L. Giles, Carolyn H. Krause, Donald L. Moffitt, Harry Osterman, Angelo Saviano, Larry McKeon, Lee A. Daniels, Elaine Nekritz, Deborah L. Graham, Robin Kelly, Charles E. Jefferson, John A. Fritchey, Charles G. Morrow III, Karen A. Yarbrough, Joel Brunsvold, Constance A. Howard, Patricia Bailey, George Scully, Jr., Robert Rita, Kenneth Dunkin, Sandra M. Pihos, Elizabeth Coulson, David E. Miller, Susana Mendoza and Mary K. O'Brien

Senate Sponsors
(Sen. Barack Obama-Ira I. Silverstein-John O. Jones-Susan Garrett, Iris Y. Martinez-James F. Clayborne, Jr. and Dave Sullivan)


Last Action  View All Actions

DateChamber Action
  1/11/2005HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/212

Synopsis As Introduced
Amends the Illinois Income Tax Act with respect to the earned income tax credit. Extends the 5% credit through taxable years beginning on or before December 31, 2004 (now, ends with taxable years ending on or before December 31, 2002). Increases the credit from 5% of the federal credit to 10% in 2005, 15% in 2006, and 20% in 2007 and thereafter. Beginning in 2005, requires the excess credit to be refunded to the taxpayer, but not counted in determining eligibility for means-tested benefits. Deletes the repeal of the credit. Exempts the credit from the sunset provisions of the Act. Effective immediately.

 Fiscal Note (Department of Revenue)
 In tax year 2001, the Earned Income Tax Credit cost the State of Illinois approximately $44 million in lost tax liability and in tax year 2002 it is expected to cost $45 million. Extending the credit through 2004 will increase the amount by just under $1 million each year. Beginning with tax year 2005, the bill begins to ramp up the percentage of the federal credit for Illinois Earned Income Tax Credit purposes from 5% of the federal credit to 10% of the federal credit. In addition, the bill requires that any excess credit be refunded to the taxpayer. In tax year 2005, the credit is expected to cost $135.6 million. In tax year 2006, the credit is increased to 15% of the federal credit, and the excess is refundable. This is estimated to cost $209.4 million. In 2007 and thereafter, the credit becomes 20% of the federal credit and is refundable. This will cost the State of Illinois approximately $284 million per year.

House Amendment No. 1
Removes the language increasing the credit to more than 5% of the federal credit over a period of years. Requires any excess credit to be refunded to the taxpayer beginning with taxable year 2004 (2005 in underlying bill).

Actions 
DateChamber Action
  2/14/2003HouseFiled with the Clerk by Rep. Barbara Flynn Currie
  2/14/2003HouseChief Co-Sponsor Rep. Patricia Reid Lindner
  2/14/2003HouseChief Co-Sponsor Rep. Arthur L. Turner
  2/14/2003HouseChief Co-Sponsor Rep. William B. Black
  2/14/2003HouseCo-Sponsor Rep. Sara Feigenholtz
  2/14/2003HouseCo-Sponsor Rep. John J. Millner
  2/14/2003HouseFirst Reading
  2/14/2003HouseReferred to Rules Committee
  2/14/2003HouseAdded Co-Sponsor Rep. Lou Lang
  2/19/2003HouseAssigned to Revenue Committee
  2/20/2003HouseAdded Co-Sponsor Rep. Kathleen A. Ryg
  2/20/2003HouseAdded Co-Sponsor Rep. Cynthia Soto
  2/21/2003HouseAdded Chief Co-Sponsor Rep. William Delgado
  2/21/2003HouseAdded Co-Sponsor Rep. Thomas Holbrook
  2/21/2003HouseAdded Co-Sponsor Rep. Gary Forby
  2/21/2003HouseAdded Co-Sponsor Rep. Linda Chapa LaVia
  2/21/2003HouseAdded Co-Sponsor Rep. Dave Winters
  2/21/2003HouseAdded Co-Sponsor Rep. David R. Leitch
  2/21/2003HouseAdded Co-Sponsor Rep. Mike Boland
  2/21/2003HouseAdded Co-Sponsor Rep. Carole Pankau
  2/21/2003HouseAdded Co-Sponsor Rep. Julie Hamos
  2/21/2003HouseAdded Co-Sponsor Rep. Monique D. Davis
  2/21/2003HouseAdded Co-Sponsor Rep. Patricia R. Bellock
  2/21/2003HouseAdded Co-Sponsor Rep. Wyvetter H. Younge
  2/21/2003HouseAdded Co-Sponsor Rep. Kevin A. McCarthy
  2/25/2003HouseAdded Co-Sponsor Rep. Mary E. Flowers
  2/27/2003HouseFiscal Note Filed
  3/4/2003HouseAdded Co-Sponsor Rep. Brandon W. Phelps
  3/4/2003HouseAdded Co-Sponsor Rep. Ricca Slone
  3/4/2003HouseAdded Co-Sponsor Rep. Michael K. Smith
  3/5/2003HouseAdded Co-Sponsor Rep. Naomi D. Jakobsson
  3/5/2003HouseAdded Co-Sponsor Rep. Robert F. Flider
  3/5/2003HouseAdded Co-Sponsor Rep. Dan Reitz
  3/5/2003HouseAdded Co-Sponsor Rep. Edward J. Acevedo
  3/5/2003HouseAdded Co-Sponsor Rep. Jack McGuire
  3/5/2003HouseAdded Co-Sponsor Rep. Annazette Collins
  3/6/2003HouseDo Pass / Short Debate Revenue Committee; 007-000-000
  3/6/2003HousePlaced on Calendar 2nd Reading - Short Debate
  3/6/2003HouseAdded Co-Sponsor Rep. JoAnn D. Osmond
  3/6/2003HouseAdded Co-Sponsor Rep. Karen May
  3/6/2003HouseAdded Co-Sponsor Rep. Calvin L. Giles
  3/6/2003HouseAdded Co-Sponsor Rep. Carolyn H. Krause
  3/6/2003HouseAdded Co-Sponsor Rep. Donald L. Moffitt
  3/6/2003HouseAdded Co-Sponsor Rep. Harry Osterman
  3/6/2003HouseAdded Co-Sponsor Rep. Angelo Saviano
  3/6/2003HouseAdded Co-Sponsor Rep. Larry McKeon
  3/6/2003HouseAdded Co-Sponsor Rep. Lee A. Daniels
  3/11/2003HouseAdded Co-Sponsor Rep. Elaine Nekritz
  3/13/2003HouseHouse Amendment No. 1 Filed with Clerk by Rep. Barbara Flynn Currie
  3/13/2003HouseHouse Amendment No. 1 Referred to Rules Committee
  3/18/2003HouseHouse Amendment No. 1 Recommends Be Adopted Rules Committee; 004-000-000
  3/18/2003HouseSecond Reading - Short Debate
  3/18/2003HouseHouse Amendment No. 1 Adopted by Voice Vote
  3/18/2003HousePlaced on Calendar Order of 3rd Reading - Short Debate
  3/18/2003HouseAdded Co-Sponsor Rep. Deborah L. Graham
  3/18/2003HouseAdded Co-Sponsor Rep. Robin Kelly
  3/18/2003HouseAdded Co-Sponsor Rep. Charles E. Jefferson
  3/18/2003HouseAdded Co-Sponsor Rep. John A. Fritchey
  3/18/2003HouseAdded Co-Sponsor Rep. Charles G. Morrow, III
  3/18/2003HouseAdded Co-Sponsor Rep. Karen A. Yarbrough
  3/18/2003HouseAdded Co-Sponsor Rep. Joel Brunsvold
  3/19/2003HouseAdded Co-Sponsor Rep. Constance A. Howard
  3/19/2003HouseAdded Co-Sponsor Rep. Patricia Bailey
  3/19/2003HouseAdded Co-Sponsor Rep. George Scully, Jr.
  3/19/2003HouseAdded Co-Sponsor Rep. Kenneth Dunkin
  3/19/2003HouseAdded Co-Sponsor Rep. Robert Rita
  3/20/2003HouseAdded Co-Sponsor Rep. Kenneth Dunkin
  3/20/2003HouseAdded Co-Sponsor Rep. Sandra M. Pihos
  3/20/2003HouseAdded Co-Sponsor Rep. Elizabeth Coulson
  3/20/2003HouseAdded Co-Sponsor Rep. David E. Miller
  3/20/2003HouseThird Reading - Short Debate - Passed 102-001-014
  3/20/2003HouseAdded Co-Sponsor Rep. Susana Mendoza
  3/20/2003HouseAdded Co-Sponsor Rep. Mary K. O'Brien
  3/21/2003SenateArrive in Senate
  3/21/2003SenatePlaced on Calendar Order of First Reading March 24, 2003
  3/21/2003SenateChief Senate Sponsor Sen. Barack Obama
  3/24/2003SenateFirst Reading
  3/24/2003SenateReferred to Rules
  3/25/2003SenateAdded as Alternate Chief Co-Sponsor Sen. Ira I. Silverstein
  3/27/2003SenateAdded as Alternate Chief Co-Sponsor Sen. John O. Jones
  3/27/2003SenateAdded as Alternate Chief Co-Sponsor Sen. Susan Garrett
  3/28/2003SenateAdded as Alternate Co-Sponsor Sen. Iris Y. Martinez
  4/2/2003SenateAdded as Alternate Chief Co-Sponsor Sen. James F. Clayborne, Jr.
  4/2/2003SenateAdded as Alternate Co-Sponsor Sen. Dave Sullivan
  4/16/2003SenateAssigned to Revenue
  5/1/2003SenatePostponed - Revenue
  5/2/2003SenateRule 3-9(a) / Re-referred to Rules
  1/11/2005HouseSession Sine Die

Back To Top