Bill Status of HB4046  99th General Assembly


Short Description:  INC TX-CLASSROOM SUPPLY CREDIT

House Sponsors
Rep. Frances Ann Hurley - Martin J. Moylan and Andrew F Skoog

Last Action
DateChamber Action
  1/10/2017HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/224 new


Synopsis As Introduced
Amends the Illinois Income Tax Act. Allows an income tax credit for each individual taxpayer who is a teacher teaching in a school in Illinois. Provides that the amount of the credit is equal to the eligible classroom expenses made by the taxpayer during the taxable year, but the credit may not exceed $500. Defines "eligible classroom expenses" as the aggregate amount of nonreimbursed classroom expenses made by the taxpayer during the taxable year less $250. Provides that the credit may not be carried forward or back and may not reduce the taxpayer's liability to less than zero. Effective immediately.

Actions 
DateChamber Action
  2/27/2015HouseFiled with the Clerk by Rep. Frances Ann Hurley
  2/27/2015HouseFirst Reading
  2/27/2015HouseReferred to Rules Committee
  3/16/2015HouseAssigned to Revenue & Finance Committee
  3/20/2015HouseTo Income Tax Subcommittee
  3/27/2015HouseRule 19(a) / Re-referred to Rules Committee
  1/5/2016HouseAdded Co-Sponsor Rep. Andrew F Skoog
  4/15/2016HouseAdded Chief Co-Sponsor Rep. Martin J. Moylan
  1/10/2017HouseSession Sine Die