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90_HB0999ham001
LRB9004305KDpcam
1 AMENDMENT TO HOUSE BILL 999
2 AMENDMENT NO. . Amend House Bill 999 on page 16, by
3 replacing lines 30 through 34 with the following:
4 "(l) Education expense credit.
5 Beginning with tax years ending after December 31, 1997,
6 a taxpayer who is the custodian of one or more qualifying
7 pupils shall be allowed a credit against the tax imposed by
8 subsections (a) and (b) of this Section for qualified
9 education expenses incurred on behalf of the qualifying
10 pupils. The credit shall be equal to 25% of qualified
11 education expenses, but in no event may the total credit
12 under this Section claimed by a family that is the custodian
13 of qualifying pupils exceed $500. Any credit in excess of the
14 tax liability for the taxable year shall be refunded to the
15 taxpayer. This subsection is exempt from the provisions of
16 Section 250 of this Act.
17 For purposes of this subsection;
18 "Qualifying pupils" means individuals who (i) are
19 residents of the State of Illinois, (ii) are under the age of
20 21 at the close of the school year for which a credit is
21 sought, and (iii) during the school year for which a credit
22 is sought were full-time pupils enrolled in a kindergarten
23 through twelfth grade education program at any school, as
-2- LRB9004305KDpcam
1 defined in this subsection.
2 "Qualified education expense" means the amount incurred
3 on behalf of a qualifying pupil in excess of $250 for
4 tuition, book fees, and lab fees at the school in which the
5 pupil is enrolled during the regular school year.
6 "School" means any public or nonpublic elementary or
7 secondary school in Illinois that is in compliance with Title
8 VI of the Civil Rights Act of 1964 and attendance at which
9 satisfies the requirements of Section 26-1 of the School
10 Code, except that nothing shall be construed to require a
11 child to attend any particular public or nonpublic school to
12 qualify for the credit under this Section.
13 "Custodian" means, with respect to qualifying pupils, an
14 Illinois resident who is a parent, the parents, a legal
15 guardian, or the legal guardians of the qualifying pupils.";
16 and
17 on page 17, by deleting lines 1 through 27.