MAUTINO-HOLBROOK-SCOTT-O'BRIEN-HOFFMAN, CAPPARELLI, BUGIELSKI, MOORE,ANDREA, NOVAK, BRADLEY, BOLAND, HANNIG, COULSON, MULLIGAN AND GASH. 35 ILCS 5/211 new Amends the Illinois Income Tax Act. Allows an income tax credit in an amount equal to 15% of the premium costs paid for a qualified long term care insurance contract covering the individual taxpayer or the taxpayer's spouse, parent, or dependent. Provides that the credit may not exceed $200 or the taxpayer's liability, whichever is less. Prohibits the carry forward of an excess tax credit to a succeeding year's tax liability. Exempts the credit from the sunset provisions. Effective January 1, 2000. FISCAL NOTE (Dept. of Revenue) HB213 has an estimated fiscal impact of $40 million. 99-01-14 H FIRST READING 99-01-14 H REFERRED TO HOUSE RULES COMMITTEE RULES 99-01-27 H ASSIGNED TO COMMITTEE REVENUE 99-02-01 H ADDED AS A JOINT SPONSOR HOLBROOK 99-02-03 H ADDED AS A CO-SPONSOR SCOTT 99-02-03 H ADDED AS A CO-SPONSOR CAPPARELLI 99-02-09 H ADDED AS A CO-SPONSOR O'BRIEN 99-02-11 H ADDED AS A CO-SPONSOR DAVIS,STEVE 99-02-18 H FISCAL NOTE FILED 99-02-18 H COMMITTEE REVENUE 99-02-18 H JOINT-SPONSOR CHANGED TO HOFFMAN 99-02-18 H ADDED AS A CO-SPONSOR BUGIELSKI 99-02-22 H ADDED AS A CO-SPONSOR MOORE,ANDREA 99-02-25 H ADDED AS A CO-SPONSOR NOVAK 99-02-25 H ADDED AS A CO-SPONSOR BRADLEY 99-02-25 H ADDED AS A CO-SPONSOR BOLAND 99-03-02 H ADDED AS A CO-SPONSOR HANNIG 99-03-05 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 99-03-05 H ADDED AS A CO-SPONSOR BROSNAHAN 99-03-10 H ADDED AS A CO-SPONSOR COULSON 99-03-10 H ADDED AS A CO-SPONSOR MULLIGAN 99-06-16 H ADDED AS A CO-SPONSOR GASH 01-01-09 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary