Bill Status of HB 589   95th General Assembly


Short Description:  INC TX-LONG TERM HEALTH CREDIT

House Sponsors
Rep. Carolyn H. Krause-Paul D. Froehlich-Sidney H. Mathias

Last Action  View All Actions

DateChamber Action
  1/13/2009HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/218 new

Synopsis As Introduced
Amends the Illinois Income Tax Act. Allows an income tax credit in an amount equal to 15% of the premium costs paid for a qualified long-term care insurance contract covering the individual taxpayer or the taxpayer's spouse, parent, or dependent. Provides that the credit may not exceed $200 with respect to any qualified long-term care insurance contract. Provides that the credit may not be carried forward or back and may not reduce the taxpayer's liability to less than zero. Exempts the credit from the sunset provisions. Effective immediately.

Actions 
DateChamber Action
  2/2/2007HouseFiled with the Clerk by Rep. Carolyn H. Krause
  2/5/2007HouseFirst Reading
  2/5/2007HouseReferred to Rules Committee
  2/6/2007HouseAdded Chief Co-Sponsor Rep. Paul D. Froehlich
  2/6/2007HouseAdded Chief Co-Sponsor Rep. Sidney H. Mathias
  2/7/2007HouseAssigned to Revenue Committee
  3/23/2007HouseRule 19(a) / Re-referred to Rules Committee
  2/20/2008HouseAssigned to Revenue Committee
  3/14/2008HouseRule 19(a) / Re-referred to Rules Committee
  1/13/2009HouseSession Sine Die

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