91st General Assembly
Status of HB4630
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GASH-GARRETT-SILVA-JONES,SHIRLEY-FLOWERS AND HARRIS.

   35 ILCS 5/212 new                                                           

        Amends the Illinois Income Tax Act.  Provides that,  for  taxable      
   years 2000 and thereafter, every individual taxpayer is entitled to an      
   income  tax  credit  for  the  amount spent on pharmaceutical expenses      
   during the taxable year.  Provides that, to  obtain  the  credit,  the      
   taxpayer  must  verify  his  or  her  pharmaceutical expenses with the      
   Department as determined by the Department by rule.  Provides that the      
   credit may be carried forward for 2 years.  Excepts  the  credit  from      
   the sunset requirements.  Effective immediately.                            
   00-02-07  H  FIRST READING                                                  
   00-02-07  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   00-02-09  H  ADDED AS A JOINT SPONSOR                 GARRETT               
   00-02-10  H  ADDED AS A JOINT SPONSOR                 SILVA                 
   00-02-10  H  ADDED AS A JOINT SPONSOR                 JONES,SHIRLEY         
   00-02-10  H  ADDED AS A JOINT SPONSOR                 FLOWERS               
   00-02-10  H  ADDED AS A CO-SPONSOR                    HARRIS                
   01-01-09  H  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary