HB 470

  • Illinois House Bill
  • 94th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Inc Tax-Credits

Abstract

Amends the Illinois Income Tax Act. Increases the amount of the earned income tax credit from 5% of the federal credit to: (i) 10% of the federal tax credit for taxable years beginning on or after January 1, 2005; (ii) 15% of the federal tax credit for taxable years beginning on or after January 1, 2007; and (iii) 20% of the federal tax credit for taxable years beginning on or after January 1, 2009. Effective immediately.

Bill Sponsors (1)

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Jan 09, 2007

House

Session Sine Die

Mar 16, 2005

House

Added Co-Sponsor Rep. Eddie Washington

House

Co-Sponsor Rep. Wyvetter H. Younge

House

Added Co-Sponsor Rep. Michael K. Smith

Mar 10, 2005

House

Added Co-Sponsor Rep. Robert F. Flider

House

Rule 19(a) / Re-referred to Rules Committee

House

Added Co-Sponsor Rep. Careen M Gordon

House

Added Co-Sponsor Rep. Deborah L. Graham

Mar 09, 2005

House

Added Co-Sponsor Rep. Lisa M. Dugan

Mar 03, 2005

House

Added Co-Sponsor Rep. Marlow H. Colvin

House

Added Co-Sponsor Rep. Monique D. Davis

House

Added Co-Sponsor Rep. Brandon W. Phelps

Mar 02, 2005

House

Added Co-Sponsor Rep. Elaine Nekritz

House

Added Co-Sponsor Rep. Edward J. Acevedo

House

Added Co-Sponsor Rep. Lou Lang

Mar 01, 2005

House

Added Co-Sponsor Rep. Karen A. Yarbrough

Feb 18, 2005

House

Added Co-Sponsor Rep. Charles E. Jefferson

Feb 17, 2005

House

Added Co-Sponsor Rep. Patricia Bailey

Feb 16, 2005

House

Added Co-Sponsor Rep. Daniel V. Beiser

House

Added Co-Sponsor Rep. Robin Kelly

Feb 09, 2005

House

Added Co-Sponsor Rep. Jack D. Franks

House

Added Co-Sponsor Rep. Linda Chapa LaVia

Feb 08, 2005

House

Fiscal Note Filed

Feb 03, 2005

House

Added Co-Sponsor Rep. Naomi D. Jakobsson

House

Added Co-Sponsor Rep. Kathleen A. Ryg

Feb 02, 2005

House

Assigned to Revenue Committee

House

Co-Sponsor Rep. Michael P. McAuliffe

House

Co-Sponsor Rep. Angelo Saviano

House

Co-Sponsor Rep. Patrick J Verschoore

House

Co-Sponsor Rep. Joseph M. Lyons

House

Co-Sponsor Rep. Susana A Mendoza

House

Co-Sponsor Rep. Robert S. Molaro

House

Co-Sponsor Rep. Cynthia Soto

House

Co-Sponsor Rep. Elizabeth Coulson

House

Co-Sponsor Rep. Annazette Collins

Feb 01, 2005

House

Added Co-Sponsor Rep. Harry Osterman

House

Fiscal Note Requested by Rep. William Davis

House

Added Co-Sponsor Rep. William Davis

Jan 31, 2005

House

Added Co-Sponsor Rep. Jim Watson

Jan 27, 2005

House

First Reading

House

Referred to Rules Committee

House

Added Co-Sponsor Rep. Sara Feigenholtz

Jan 26, 2005

House

Chief Co-Sponsor Rep. Patricia Reid Lindner

House

Co-Sponsor Rep. John A. Fritchey

House

Chief Co-Sponsor Rep. William Delgado

House

Chief Co-Sponsor Rep. William B. Black

House

Chief Co-Sponsor Rep. Arthur L. Turner

House

Filed with the Clerk by Rep. Barbara Flynn Currie

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