HB 5606

  • Illinois House Bill
  • 95th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Inc Tx-Health Ins Credit

Abstract

Amends the Illinois Income Tax Act. For taxable years ending on or after December 31, 2008, allows small businesses that provide health care insurance for their employees to claim a tax credit in an amount equal to $100 for each employee covered, $50 for each spouse covered, and $40 for each dependent (up to 2 dependents) covered. Provides that the taxpayer may not carry the credit forward or back and that the credit may not reduce a taxpayer's liability to less than zero. Exempts the credit from the Act's sunset provisions. Effective immediately.

Bill Sponsors (1)

Votes


No votes to display

Actions


Jan 13, 2009

House

Session Sine Die

Mar 14, 2008

House

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

Feb 21, 2008

House

Added Chief Co-Sponsor Rep. Sandra M. Pihos

Feb 20, 2008

House

Added Chief Co-Sponsor Rep. Sidney H. Mathias

House

Assigned to Revenue Committee

Feb 15, 2008

House

Filed with the Clerk by Rep. Patricia R. Bellock

House

Referred to Rules Committee

House

First Reading

Bill Text

Bill Text Versions Format
Introduced HTML

Related Documents

Document Format
No related documents.

Sources

Data on Open States is updated periodically throughout the day from the official website of the Illinois General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.