David Harris
- Republican
Primary
Amends the Illinois Income Tax Act. Provides that, for each taxable year beginning on or after January 1, 2017, the earned income tax credit shall be 15% (currently, 10%) of the federal tax credit. Provides that, if the amount of the earned income tax credit exceeds the taxpayer's income tax liability, then 50% of the excess credit amount shall be refunded to the taxpayer (currently, the entire excess credit amount is refundable). Effective immediately.
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Session Sine Die
Rule 19(a) / Re-referred to Rules Committee
To Growth, Reform & Fairness Subcommittee
Assigned to Revenue & Finance Committee
Filed with the Clerk by Rep. David Harris
Referred to Rules Committee
First Reading
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