Bill Status of HB6691 95th General Assembly
Short Description: INC TAX-TEACHER CREDIT
Rep. Dennis M. Reboletti - Ronald A. Wait - Michael P. McAuliffe - Rosemary Mulligan - Sidney H. Mathias, Jim Durkin, Harry R. Ramey, Jr., Michael Tryon, Jim Sacia, Brent Hassert and Ruth Munson
|Session Sine Die
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that elementary and secondary school teachers are entitled to a credit under the Act in an amount equal to personal expenditures made by the teacher for teaching materials. Provides that the credit is limited to $500 or the individual's tax liability, whichever is less. Effective immediately.