91st General Assembly
Summary of SB0340
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Senate Sponsors:
DEMUZIO.

Short description: 
INC TX-DEPENDENT CREDIT                                                    

Synopsis of Bill as introduced:
        Amends the Illinois Income Tax Act.  Grants a credit against  the      
   tax  imposed by the Act in the amount of $100 for each dependent under      
   the age of 18.  Allows an excess credit to be carried forward  to  the      
   tax  liability  of a succeeding taxable year.  Exempts the credit from      
   the Act's sunset requirement.  Effective immediately.                       
 
Last action on Bill: SESSION SINE DIE

   Last action date: 01-01-09

           Location: Senate

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


   END OF INQUIRY 



 Full Text  Bill Status