Emily McAsey
- Democratic
Amends the Illinois Income Tax Act. Authorizes a credit to taxpayers for an amount equal to 20% of the amount of expenditures by the taxpayer for equipment placed in service during the taxable year for the purpose of preventing identity theft, but not to exceed $100 per article of equipment. Provides that the credit may not reduce the taxpayer's liability to less than zero and may not be carried back, but may be carried forward and applied to the tax liability of the 2 taxable years following the excess credit year. Exempt from the Act's sunset provisions. Effective immediately.
Session Sine Die
Rule 3-9(a) / Re-referred to Assignments
To Revenue Subcommittee on Special Issues
Assigned to Revenue
First Reading
Referred to Assignments
Chief Senate Sponsor Sen. Susan Garrett
Placed on Calendar Order of First Reading April 21, 2009
Arrive in Senate
Third Reading - Short Debate - Passed 113-003-000
Added Chief Co-Sponsor Rep. Keith Farnham
Added Chief Co-Sponsor Rep. Jack D. Franks
House Committee Amendment No. 1 Fiscal Note Filed as Amended
Placed on Calendar Order of 3rd Reading - Short Debate
Second Reading - Short Debate
Recommends Do Pass Subcommittee/ Revenue & Finance Committee; 003-000-000
Added Co-Sponsor Rep. Michael J. Zalewski
Added Co-Sponsor Rep. Deborah Mell
Added Co-Sponsor Rep. Jehan A. Gordon
Placed on Calendar 2nd Reading - Short Debate
Do Pass as Amended / Short Debate Revenue & Finance Committee; 013-000-000
House Committee Amendment No. 1 Adopted in Revenue & Finance Committee; by Voice Vote
House Committee Amendment No. 1 Filed with Clerk by Revenue & Finance Committee
Remains in Revenue & Finance Committee
Assigned to Revenue & Finance Committee
First Reading
Referred to Rules Committee
Filed with the Clerk by Rep. Emily McAsey
Bill Text Versions | Format |
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Introduced | HTML |
Engrossed | HTML |
Document | Format |
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House Amendment 001 |
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