HB 5314

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

Inc Tx-Adoption Tax Credit

Abstract

Amends the Illinois Income Tax Act. Creates a tax credit for each individual taxpayer who adopts a child during the taxable year in an amount equal to certain nonrecurring adoption expenses incurred by the taxpayer in connection with that adoption. Provides that the credit may not exceed $4,000 per child. Provides that the credit is exempt from the Act's automatic sunset provision. Effective immediately.

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Dec 03, 2014

House

Session Sine Die

Mar 28, 2014

House

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

Mar 20, 2014

House

Added Co-Sponsor Rep. David McSweeney

House

Added Co-Sponsor Rep. Ed Sullivan, Jr.

House

Added Co-Sponsor Rep. Ron Sandack

House

Added Co-Sponsor Rep. Ann Williams

Mar 17, 2014

House

Added Chief Co-Sponsor Rep. Dwight Kay

Feb 21, 2014

House

To Income Tax Subcommittee

Feb 20, 2014

House

Assigned to Revenue & Finance Committee

Feb 07, 2014

House

Filed with the Clerk by Rep. Barbara Wheeler

House

First Reading

House

Referred to Rules Committee

Bill Text

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