96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
HB5452

 

Introduced 2/5/2010, by Rep. Daniel V. Beiser

 

SYNOPSIS AS INTRODUCED:
 
320 ILCS 25/3.07   from Ch. 67 1/2, par. 403.07

    Amends the Senior Citizens and Disabled Persons Property Tax Relief and Pharmaceutical Assistance Act. Provides that the term "income" does not include the annual amount spent on necessary home medical equipment. Effective immediately.


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FISCAL NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB5452 LRB096 18595 KTG 33977 b

1     AN ACT concerning aging.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Senior Citizens and Disabled Persons
5 Property Tax Relief and Pharmaceutical Assistance Act is
6 amended by changing Section 3.07 as follows:
 
7     (320 ILCS 25/3.07)  (from Ch. 67 1/2, par. 403.07)
8     Sec. 3.07. Income. "Income" means adjusted gross income,
9 properly reportable for federal income tax purposes under the
10 provisions of the Internal Revenue Code, modified by adding
11 thereto the sum of the following amounts to the extent deducted
12 or excluded from gross income in the computation of adjusted
13 gross income:
14         (A) An amount equal to all amounts paid or accrued as
15     interest or dividends during the taxable year;
16         (B) An amount equal to the amount of tax imposed by the
17     Illinois Income Tax Act paid for the taxable year;
18         (C) An amount equal to all amounts received during the
19     taxable year as an annuity under an annuity, endowment or
20     life insurance contract or under any other contract or
21     agreement;
22         (D) An amount equal to the amount of benefits paid
23     under the Federal Social Security Act during the taxable

 

 

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1     year;
2         (E) An amount equal to the amount of benefits paid
3     under the Railroad Retirement Act during the taxable year;
4         (F) An amount equal to the total amount of cash public
5     assistance payments received from any governmental agency
6     during the taxable year other than benefits received
7     pursuant to this Act;
8         (G) An amount equal to any net operating loss carryover
9     deduction or capital loss carryover deduction during the
10     taxable year; and
11         (H) An amount equal to any benefits received under the
12     Workers' Compensation Act or the Workers' Occupational
13     Diseases Act during the taxable year.
14     "Income" does not include any distributions or items of
15 income described under subparagraph (X) of paragraph (2) of
16 subsection (a) of Section 203 of the Illinois Income Tax Act or
17 any payments under Section 2201 or Section 2202 of the American
18 Recovery and Reinvestment Act of 2009.
19     "Income" does not include the annual amount spent on
20 necessary home medical equipment. For purposes of this Section,
21 "home medical equipment" has the meaning ascribed to that term
22 in the Home Medical Equipment and Services Provider License
23 Act.
24 (Source: P.A. 96-804, eff. 1-1-10.)
 
25     Section 99. Effective date. This Act takes effect upon
26 becoming law.