DART-ERWIN-SCOTT-HOLBROOK-HOWARD, BOLAND AND BUGIELSKI.
ADOPT-A-SCHOOL INC TAX CREDIT
Synopsis of Bill as introduced:
Amends the Illinois Income Tax Act to create a tax credit for
corporations in the amount of 25% of amounts expended during the
taxable year on an Adopt-a-Public School Program. Defines the elements
of the program. Applies to tax years ending on or after December 31,
1997. Sunsets the credit after 10 years. Effective immediately.
Last action on Bill: SESSION SINE DIE
Last action date: 99-01-12
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0
END OF INQUIRY
Full Text Bill Status