Bill Status of HB4822 98th General Assembly
Short Description: INC TX-ADOPTION
Rep. Dave Severin - Kelly M. Cassidy, Michael T. Marron, Chris Bos, Patrick Windhorst, Janet Yang Rohr, C.D. Davidsmeyer, Randy E. Frese, Seth Lewis and Daniel Swanson
| 1/10/2023||House||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates an income tax credit in an amount equal to the foster care expenses, not to exceed $1,000 in any taxable year, paid or incurred by the taxpayer with respect to a qualified dependent child. Provides that the credit may be prorated. Effective immediately.