SB 571

  • Illinois Senate Bill
  • 93rd Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Inc Tax-Educ Expense Credit

Abstract

Amends the Illinois Income Tax Act. Authorizes a tax credit for certain public and nonpublic elementary and secondary school teachers for 50% of the teacher's own expenses for his or her classroom. The credit may not exceed $500 and may not reduce tax liability to less than zero. Exempt from the Act's sunset provisions. Effective on July 1, 2003.

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Jan 11, 2005

Senate

Session Sine Die

Feb 18, 2003

Senate

Filed with Secretary by Sen. Dan Cronin

Senate

First Reading

Senate

Referred to Rules

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