State of Illinois
90th General Assembly
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90_HB0181

      35 ILCS 5/211 new
          Amends the Illinois Income Tax Act to  create  an  income
      tax  credit  in  an  amount up to $1,000 per taxable year for
      unreimbursed health care costs for individuals  65  years  or
      older or who will become 65 in the calendar year in which the
      claim  is  filed and whose annual income is below the minimum
      income level specified in the Senior  Citizens  and  Disabled
      Persons  Property  Tax  Relief  and Pharmaceutical Assistance
      Act. Provides that if the  credit  allowed  exceeds  the  tax
      liability  of  the  taxpayer,  the  taxpayer  shall receive a
      refund for the amount of the  excess.   Defines  unreimbursed
      health  care costs as those expenditures not covered and paid
      for by Medicare, Medicaid, or private  insurance.  Applicable
      to  tax  years ending on or after December 31, 1997.  Sunsets
      the credit after 10 years.  Effective immediately.
                                                     LRB9000324KRkb
                                               LRB9000324KRkb
 1        AN ACT to amend the Illinois Income  Tax  Act  by  adding
 2    Section 211.
 3        Be  it  enacted  by  the People of the State of Illinois,
 4    represented in the General Assembly:
 5        Section 5.  The Illinois Income Tax  Act  is  amended  by
 6    adding Section 211 as follows:
 7        (35 ILCS 5/211 new)
 8        Sec.  211.  Senior Citizen Unreimbursed Health Care Costs
 9    Tax Credit.  Beginning with taxable years ending on or  after
10    December  31, 1997 and ending with taxable years ending on or
11    before December 31, 2006, an individual 65 years or older  or
12    an  individual who will become 65 during the calendar year in
13    which a claim is filed and whose annual household  income  is
14    below  the minimum income level specified in Section 4 of the
15    Senior Citizens and Disabled Persons Property Tax Relief  and
16    Pharmaceutical Assistance Act is entitled to a credit against
17    the  tax imposed under this Act in an amount up to $1,000 per
18    taxable year for unreimbursed health care costs.  If a credit
19    allowed under this Section exceeds the tax liability  of  the
20    taxpayer,  the taxpayer shall receive a refund for the amount
21    of the excess.
22        For purposes of this Section, "unreimbursed  health  care
23    costs"  means  those  expenditures  not  covered  and paid by
24    Medicare, Medicaid, or private insurance.
25        Section 99.  Effective date.  This Act takes effect  upon
26    becoming law.

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