90th General Assembly
Status of HB2114
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WEAVER,MIKE.

   35 ILCS 5/203             from Ch. 120, par. 2-203                          
   35 ILCS 5/208             from Ch. 120, par. 2-208                          

        Amends the Illinois Income Tax  Act.   Provides  that  individual      
   taxpayers  shall  be allowed a deduction in an amount equal to 300% of      
   the amount of real property taxes paid  by  the  taxpayer  during  the      
   taxable  year on the principal residence of the taxpayer.  Exempts the      
   deduction from the sunset provisions.   Sunsets  the  tax  credit  for      
   residential  real property with tax years ending on or before December      
   31, 1997.  Effective January 1, 1998.                                       
   97-03-10  H  FIRST READING                                                  
   97-03-10  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   97-03-11  H       ASSIGNED TO COMMITTEE               REVENUE               
   97-03-21  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   99-01-12  H  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary