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Rep. Dwight Kay
Filed: 3/27/2012
| | 09700HB4943ham001 | | LRB097 18483 HLH 68008 a |
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| 1 | | AMENDMENT TO HOUSE BILL 4943
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| 2 | | AMENDMENT NO. ______. Amend House Bill 4943 by replacing |
| 3 | | everything after the enacting clause with the following:
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| 4 | | "Section 5. The Illinois Income Tax Act is amended by |
| 5 | | adding Section 223 as follows:
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| 6 | | (35 ILCS 5/223 new) |
| 7 | | Sec. 223. Credit for certified teachers. For taxable years |
| 8 | | ending on or after December 31, 2012, each taxpayer who is |
| 9 | | certified by the National Board for Professional Teaching |
| 10 | | Standards (NBPTS) is entitled to a credit against the tax |
| 11 | | imposed by subsections (a) and (b) of Section 201 in an amount |
| 12 | | not to exceed $3,000. |
| 13 | | In no event shall a credit under this Section reduce the |
| 14 | | taxpayer's liability to less than zero. Excess credit amounts |
| 15 | | may not be carried forward to subsequent taxable years and may |
| 16 | | not be refunded to the taxpayer. |