35 ILCS 5/213 new
Amends the Illinois Income Tax Act. For taxable years beginning
on or after January 1, 2003 and ending on or before December 31, 2006,
provides for an income tax credit for all amounts spent in the taxable
year for the purchase of firearm safety equipment for personal use.
Requires the Illinois Department of State Police to adopt rules
concerning what equipment qualifies as firearm safety equipment.
Provides that any excess credit may be carried forward for 5 taxable
FEB-06-2002 H FILED WITH CLERK
FEB-06-2002 H ADDED AS A JOINT SPONSOR BERNS
FEB-06-2002 H FIRST READING
FEB-06-2002 H REFERRED TO HOUSE RULES COMMITTEE RULES
JAN-07-2003 H SESSION SINE DIE
END OF INQUIRY
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