Senate Sponsors: CLAYBORNE-OBAMA-TROTTER-LIGHTFORD. Short description: INC TAX-DAYCARE EXPENSE CREDIT Synopsis of Bill as introduced: Amends the Illinois Income Tax Act. Provides that, for taxable years 2000 through 2004, every individual taxpayer whose taxable income is $75,000 or less is entitled to a tax credit equal to 5% of the amount paid in the taxable year for dependent care expenses for the taxpayer's dependent child or elderly dependent 65 years old or older. Allows the credit to be carried forward for 5 years. 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