HB 4474

  • Illinois House Bill
  • 98th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Inc Tx-Earned Income Credit

Abstract

Amends the Illinois Income Tax Act. Increases the earned income tax credit to (i) 12% of the federal tax credit for each taxable year beginning on or after January 1, 2014 and ending prior to December 31, 2015, (ii) 14% of the federal tax credit for each taxable year beginning on or after January 1, 2015 and ending prior to December 31, 2016, (iii) 16% of the federal tax credit for each taxable year beginning on or after January 1, 2016 and ending prior to December 31, 2017, (iv) 18% of the federal tax credit for each taxable year beginning on or after January 1, 2017 and ending prior to December 31, 2018, and (v) 20% of the federal tax credit for each taxable year beginning on or after January 1, 2018. Effective immediately.

Bill Sponsors (1)

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Dec 03, 2014

House

Session Sine Die

May 15, 2014

House

Added Co-Sponsor Rep. Lawrence M. Walsh, Jr.

House

Added Co-Sponsor Rep. Brandon W. Phelps

House

Added Co-Sponsor Rep. Anna Moeller

House

Added Co-Sponsor Rep. Thaddeus Jones

House

Added Co-Sponsor Rep. Kay Hatcher

House

Added Co-Sponsor Rep. Tom Demmer

May 14, 2014

House

Added Co-Sponsor Rep. Kenneth Dunkin

House

Added Co-Sponsor Rep. Elgie R. Sims, Jr.

House

Added Co-Sponsor Rep. JoAnn D. Osmond

House

Added Co-Sponsor Rep. André M. Thapedi

House

Added Co-Sponsor Rep. Edward J. Acevedo

May 09, 2014

House

Added Co-Sponsor Rep. Linda Chapa LaVia

House

Added Co-Sponsor Rep. Greg Harris

House

Added Co-Sponsor Rep. Arthur Turner

House

Added Co-Sponsor Rep. La Shawn K. Ford

May 08, 2014

House

Added Co-Sponsor Rep. Ron Sandack

House

Added Co-Sponsor Rep. Luis Arroyo

House

Added Co-Sponsor Rep. Daniel J. Burke

House

Added Co-Sponsor Rep. Marcus C. Evans, Jr.

House

Added Co-Sponsor Rep. Esther Golar

House

Added Co-Sponsor Rep. Lou Lang

House

Added Co-Sponsor Rep. Al Riley

House

Added Co-Sponsor Rep. Michael J. Zalewski

House

Added Co-Sponsor Rep. Sara Feigenholtz

House

Added Co-Sponsor Rep. Laura Fine

House

Added Co-Sponsor Rep. Cynthia Soto

House

Added Co-Sponsor Rep. Katherine Cloonen

House

Added Co-Sponsor Rep. Natalie A. Manley

May 07, 2014

House

Added Co-Sponsor Rep. Kathleen Willis

House

Added Co-Sponsor Rep. Elizabeth Hernandez

House

Added Co-Sponsor Rep. Deborah Conroy

House

Added Co-Sponsor Rep. Martin J. Moylan

House

Added Co-Sponsor Rep. Sam Yingling

House

Added Co-Sponsor Rep. John M. Cabello

House

Added Co-Sponsor Rep. Naomi D. Jakobsson

House

Added Co-Sponsor Rep. Mary E. Flowers

House

Added Co-Sponsor Rep. Derrick Smith

House

Added Co-Sponsor Rep. Robyn Gabel

Apr 10, 2014

House

Added Co-Sponsor Rep. William Davis

House

Added Co-Sponsor Rep. Camille Y. Lilly

House

Added Co-Sponsor Rep. Emanuel Chris Welch

Apr 09, 2014

House

Added Chief Co-Sponsor Rep. Monique D. Davis

Apr 03, 2014

House

Added Chief Co-Sponsor Rep. Kelly M. Cassidy

House

Added Chief Co-Sponsor Rep. Christian L. Mitchell

Mar 28, 2014

House

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

Feb 27, 2014

House

To Income Tax Subcommittee

Feb 24, 2014

House

Assigned to Revenue & Finance Committee

Feb 19, 2014

House

Added Co-Sponsor Rep. Eddie Lee Jackson, Sr.

Feb 14, 2014

House

Added Chief Co-Sponsor Rep. Maria Antonia Berrios

Feb 03, 2014

House

Referred to Rules Committee

House

First Reading

Jan 29, 2014

House

Filed with the Clerk by Rep. Barbara Flynn Currie

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Sources

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