92nd General Assembly
Summary of HB0248
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House Sponsors:
O'BRIEN-FORBY-FOWLER-CURRY,JULIE, COLLINS, 
   HARTKE AND HOLBROOK.

Short description: 
TAX CREDIT-VOLUNTR FIREFIGHTER                                             

Synopsis of Bill as introduced:
        Amends the Illinois Income Tax Act.  Provides  that  for  taxable      
   years  ending  on  or after December 31, 2001, each taxpayer who was a      
   member in good standing of a  volunteer  fire  department  during  the      
   entire  taxable  year  is  entitled to an income tax credit.  Provides      
   that the credit may not exceed $500 or the amount  of  the  taxpayer's      
   liability  under  this  Act,  whichever  is less.  Prohibits the carry      
   forward of an excess tax credit to a succeeding year's tax  liability.      
   Exempts  the  provisions from the sunset requirements.  Effective July      
   1, 2001.                                                                    
 
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

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


   END OF INQUIRY 



 Full Text  Bill Status