State of Illinois
91st General Assembly
Legislation

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91_SB0194

 
                                               LRB9100954PTpk

 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.  Child care expense credit.
 9        (a)  For  taxable  years beginning on or after January 1,
10    1999 and ending  on  or  before  December  30,  2004,  if  an
11    individual  claims  a  credit  for child care expenses on the
12    individual's federal income tax  return,  the  individual  is
13    entitled to a credit against the taxes imposed under this Act
14    for  amounts  spent  on child care.  The amount of the credit
15    shall be as follows:
16             (1)  If the taxpayer's federal adjusted gross income
17        is $25,000 or less, the credit shall be an  amount  equal
18        to  50%  of the credit for child care expenses claimed on
19        the taxpayer's federal return.
20             (2)  If the taxpayer's federal adjusted gross income
21        is more than $25,000  but  not  more  than  $35,000,  the
22        credit  shall be an amount equal to 30% of the credit for
23        child care expenses claimed  on  the  taxpayer's  federal
24        return.
25             (3)  If the taxpayer's federal adjusted gross income
26        is  more  than  $35,000  but  not  more than $80,000, the
27        credit shall be an amount equal to 10% of the credit  for
28        child  care  expenses  claimed  on the taxpayer's federal
29        return.
30             (4)  If the taxpayer's federal adjusted gross income
31        is more than $80,000, the taxpayer shall not be  entitled
 
                            -2-                LRB9100954PTpk
 1        to a credit under this Section.
 2        (b)  If  the  amount  of credit exceeds the tax liability
 3    for the year, the excess may be carried forward  and  applied
 4    to  the  tax  liability  of the 5 taxable years following the
 5    excess year.  The credit shall be  applied  to  the  earliest
 6    year  for  which  there  is  a  tax  liability.  If there are
 7    credits for more than one tax  year  that  are  available  to
 8    offset  a  liability,  the  earlier  credit  shall be applied
 9    first.
10        (c)  A taxpayer who receives child care  assistance  from
11    the  Department  of Human Services under Section 9A-11 of the
12    Illinois Public Aid Code shall not be entitled  to  a  credit
13    under  this  Section  except  to the extent of the taxpayer's
14    unreimbursed out-of-pocket expenses that result in a  federal
15    credit for child care expense.

16        Section  99.   Effective  date.   This  Act  takes effect
17    January 1, 2000.

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