Date	Chamber	Action
1/11/2005	House	Session Sine Die

Statutes Amended In Order of Appearance

5 ILCS 5/216 new

Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that, for 5 taxable years, each individual taxpayer is entitled to an income tax credit in the amount of 50% of the amount spent by the taxpayer in the taxable year for long-term care insurance premiums. Provides that the tax credit may not reduce the taxpayer's liability to less than zero but may be carried forward for 5 taxable years. Effective immediately.

Actions 

Date	Chamber	Action
2/6/2004	House	Filed with the Clerk by Rep. John E. Bradley
2/6/2004	House	First Reading
2/6/2004	House	Referred to Rules Committee
3/23/2004	House	Added Chief Co-Sponsor Rep. Lisa M. Dugan
3/23/2004	House	Added Chief Co-Sponsor Rep. William J. Grunloh
1/11/2005	House	Session Sine Die

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