Public Act 093-0534
Public Act 93-0534 of the 93rd General Assembly
Public Act 93-0534
SB4 Enrolled LRB093 03463 SJM 03489 b
AN ACT regarding taxes.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Illinois Income Tax Act is amended by
changing Section 212 as follows:
(35 ILCS 5/212)
(Section scheduled to be repealed on June 1, 2003)
Sec. 212. Earned income tax credit.
(a) With respect to the federal earned income tax credit
allowed for the taxable year under Section 32 of the federal
Internal Revenue Code, 26 U.S.C. 32, each individual taxpayer
is entitled to a credit against the tax imposed by
subsections (a) and (b) of Section 201 in an amount equal to
5% of the federal tax credit for each taxable year beginning
on or after January 1, 2000
and ending on or before December
For a non-resident or part-year resident, the amount of
the credit under this Section shall be in proportion to the
amount of income attributable to this State.
(b) For taxable years beginning before January 1, 2003,
in no event shall a credit under this Section reduce the
taxpayer's liability to less than zero. For each taxable
year beginning on or after January 1, 2003, if the amount of
the credit exceeds the income tax liability for the
applicable tax year, then the excess credit shall be refunded
to the taxpayer. The amount of a refund shall not be
included in the taxpayer's income or resources for the
purposes of determining eligibility or benefit level in any
means-tested benefit program administered by a governmental
entity unless required by federal law.
(b-5) Refunds authorized by subsection (b) are subject to
the availability of funds from the federal Temporary
Assistance for Needy Families Block Grant and the State's
ability to meet its required Maintenance of Effort.
(c) This Section is exempt from the provisions of
Section 250 repealed on June 1, 2003.
(Source: P.A. 91-700, eff. 5-11-00.)
Section 99. Effective date. This Act takes effect upon
Effective Date: 8/18/2003