Date	Chamber	Action
1/8/2013	House	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 5/223 new

Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates a credit in the amount of $50 for each exemption allowable to the taxpayer for the taxable year under Section 151 of the Internal Revenue Code for a dependent who is under the age of 18 on the last day of the taxable year. Provides that, if the amount of the credit exceeds the income tax liability for the applicable tax year, then the excess credit shall be refunded to the taxpayer. Effective immediately.

Actions 

Date	Chamber	Action
2/3/2012	House	Filed with the Clerk by Rep. Marlow H. Colvin
2/3/2012	House	First Reading
2/3/2012	House	Referred to Rules Committee
2/7/2012	House	Assigned to Revenue & Finance Committee
3/9/2012	House	Rule 19(a) / Re-referred to Rules Committee
1/8/2013	House	Session Sine Die

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