90th General Assembly
Summary of HB3545
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 Full Text  Bill Status
House Sponsors:
O'BRIEN-LANG.

Short description: 
INC TAX-CREDIT-CHILD CARE                                                  

Synopsis of Bill as introduced:
        Amends the Illinois Income Tax Act. Provides that, beginning with      
   taxable years beginning on or after January 1, 1998  and  ending  with      
   taxable  years  ending  on  or before December 30, 2003, each taxpayer      
   shall be entitled to a tax credit against the tax  imposed  under  the      
   Act  in  an amount equal to 5% of the expenditures by the taxpayer for      
   child care for a child in the taxpayer's custody.  Provides  that  the      
   credit shall not reduce the taxpayer's liability under the Act to less      
   than zero.                                                                  
 
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status