92nd General Assembly
Status of HB0974
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POE-FOWLER-MITCHELL,BILL, FORBY, BLACK AND MAUTINO.

   35 ILCS 5/213 new                                                           
   35 ILCS 105/3-5           from Ch. 120, par. 439.3-5                        
   35 ILCS 110/3-5           from Ch. 120, par. 439.33-5                       
   35 ILCS 115/3-5           from Ch. 120, par. 439.103-5                      
   35 ILCS 120/2-5           from Ch. 120, par. 441-5                          

        Amends the Illinois Income Tax Act.  Provides that,  for  taxable      
   years  beginning  on  or after January 1, 2002 and ending on or before      
   December 31, 2005, each taxpayer is entitled to an income  tax  credit      
   in  an amount equal 25% of the amount expended in the taxable year for      
   the purchase of reinforced steel gun safes used to store  firearms  or      
   ammunition,  up to a maximum credit of $250 in a taxable year.  Amends      
   the Use Tax Act, Service Use Tax Act, Service Occupation Tax Act,  and      
   Retailers'  Occupation Tax Act.  Beginning January 1, 2002 and through      
   December 31, 2005, exempts from taxation any reinforced steel gun safe      
   used to store firearms or ammunition. Effective January 1, 2002.            
   FEB-08-2001  H  FILED WITH CLERK                                               
   FEB-08-2001  H  FIRST READING                                                  
   FEB-08-2001  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   FEB-15-2001  H       ASSIGNED TO COMMITTEE               REVENUE               
   FEB-22-2001  H  ADDED AS A JOINT SPONSOR                 FOWLER                
   FEB-22-2001  H  ADDED AS A JOINT SPONSOR                 MITCHELL,BILL         
   FEB-22-2001  H  ADDED AS A CO-SPONSOR                    FORBY                 
   MAR-01-2001  H  ADDED AS A CO-SPONSOR                    BLACK                 
   MAR-01-2001  H  ADDED AS A CO-SPONSOR                    MAUTINO               
   MAR-16-2001  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   JAN-07-2003  H  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary