Illinois General Assembly - Bill Status for SB0571
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 Bill Status of SB0571  93rd General Assembly


Short Description:  INC TAX-EDUC EXPENSE CREDIT

Senate Sponsors
Sen. Dan Cronin

Last Action
DateChamber Action
  1/11/2005SenateSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/213 new


Synopsis As Introduced
Amends the Illinois Income Tax Act. Authorizes a tax credit for certain public and nonpublic elementary and secondary school teachers for 50% of the teacher's own expenses for his or her classroom. The credit may not exceed $500 and may not reduce tax liability to less than zero. Exempt from the Act's sunset provisions. Effective on July 1, 2003.

Actions 
DateChamber Action
  2/18/2003SenateFiled with Secretary by Sen. Dan Cronin
  2/18/2003SenateFirst Reading
  2/18/2003SenateReferred to Rules
  1/11/2005SenateSession Sine Die

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