House Sponsors: BOLAND-FORBY-FOWLER-MCKEON. Short description: INC TAX-EARNED INC CREDIT-25% Synopsis of Bill as introduced: Amends the Illinois Income Tax Act. Provides that for each taxable year beginning on or after January 1, 2001, each individual taxpayer is entitled to an income tax credit in an amount equal to 25% of the federal earned income tax credit (now, 5%). Eliminates the repeal of these provisions scheduled for June 1, 2003 and provides that the credit is exempt from the sunset provisions of the Act. Effective immediately. 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