91st General Assembly
Summary of SB0674
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Senate Sponsors:
RADOGNO.

Short description: 
INC TX-DAYCARE FOOD 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 $300 if (i) the taxpayer has      
   participated during the taxable year in the child and adult care  food      
   program administered by the Illinois State Board of Education and (ii)      
   the  program  complies with the meal pattern regulations of the United      
   States Department of Agriculture.  Provides that the  tax  credit  may      
   not  reduce  the taxpayer's liability to less than zero.  Prohibits an      
   excess credit from being  carried  forward  or  backward  to  the  tax      
   liability  of  another  taxable  year.   Sunsets the credit in taxable      
   years ending on or before December 31, 2003.  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


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