HB 3000

  • Illinois House Bill
  • 93rd Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Inc Tax-Teacher Materials-Crdt

Abstract

Amends the Illinois Income Tax Act. Provides that each individual taxpayer who is a teacher in a qualifying school is entitled to an income tax credit in the amount equal to 50% of the amount spent by the taxpayer in the taxable year for instructional materials for use in the classroom. Provides that the credit may not reduce the taxpayer's liability to less than zero and that any excess credit may be carried forward for 5 years. Effective immediately.

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Jan 11, 2005

House

Session Sine Die

Mar 13, 2003

House

Rule 19(a) / Re-referred to Rules Committee

Feb 26, 2003

House

Assigned to Revenue Committee

Feb 25, 2003

House

Filed with the Clerk by Rep. Rich Brauer

House

First Reading

House

Referred to Rules Committee

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