PETERSON-MAHAR-RADOGNO-LINK, MADIGAN,R, SULLIVAN AND HENDON. (COWLISHAW-PANKAU-FRANKS) 35 ILCS 5/213 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 immediately. FEB-20-2001 S FIRST READING FEB-20-2001 S REFERRED TO SENATE RULES COMMITTEE RULES FEB-21-2001 S ASSIGNED TO COMMITTEE REVENUE MAR-20-2001 S ADDED AS A CO-SPONSOR MADIGAN,R MAR-22-2001 S DO PASS 008-000-000 SREV MAR-22-2001 S PLACED ON CALENDAR ORDER OF 2ND READING 01-03-27 MAR-27-2001 S SECOND READING MAR-27-2001 S PLACED ON CALENDAR ORDER OF 3RD READING 01-03-28 MAR-27-2001 S ADDED AS A CHIEF CO-SPONSOR MAHAR MAR-29-2001 S ADDED AS A CHIEF CO-SPONSOR RADOGNO MAR-29-2001 S ADDED AS A CHIEF CO-SPONSOR LINK MAR-29-2001 S ADDED AS A CO-SPONSOR SULLIVAN MAR-29-2001 S ADDED AS A CO-SPONSOR HENDON MAR-29-2001 S THIRD READING - PASSED 055-000-001 MAR-29-2001 H ARRIVE IN HOUSE MAR-29-2001 H HOUSE SPONSOR COWLISHAW MAR-29-2001 H FIRST READING MAR-29-2001 H REFERRED TO HOUSE RULES COMMITTEE RULES APR-03-2001 H ASSIGNED TO COMMITTEE REVENUE APR-19-2001 H ADDED AS AN ALTERNATE CO-SPONSOR FRANKS MAY-02-2001 H ADDED AS A JOINT SPONSOR PANKAU MAY-02-2001 H ADDED AS A JOINT SPONSOR FRANKS MAY-03-2001 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL MAY-08-2001 H ADDED AS AN ALTERNATE CO-SPONSOR BRADLEY MAY-08-2001 H ADDED AS AN ALTERNATE CO-SPONSOR BUGIELSKI MAY-08-2001 H ADDED AS AN ALTERNATE CO-SPONSOR CAPPARELLI MAY-10-2001 H ADDED AS AN ALTERNATE CO-SPONSOR MCGUIRE MAY-10-2001 H ADDED AS AN ALTERNATE CO-SPONSOR MCCARTHY JAN-07-2003 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary