Illinois General Assembly - Bill Status for HB5155
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 Bill Status of HB5155  102nd General Assembly


Short Description:  INC TX-ECONOMIC CREDIT

House Sponsors
Rep. Tom Demmer

Last Action
DateChamber Action
  2/18/2022HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
35 ILCS 5/232 new


Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers whose federal adjusted gross income does not exceed specified amounts. Provides that the credit shall be equal to $400 for taxpayers filing a joint return and $200 for all other taxpayers. Effective immediately.

Actions 
DateChamber Action
  1/27/2022HouseFiled with the Clerk by Rep. Tom Demmer
  1/27/2022HouseFirst Reading
  1/27/2022HouseReferred to Rules Committee
  2/9/2022HouseAssigned to Revenue & Finance Committee
  2/15/2022HouseTo Income Tax Subcommittee
  2/18/2022HouseRule 19(a) / Re-referred to Rules Committee

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