92nd General Assembly
Status of SB0906
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 Full Text  Bill Summary

   35 ILCS 5/215 new                                                           

        Amends the Illinois Income Tax Act.   Allows  taxpayers  who  are      
   certified teachers to take a credit against the taxpayer's income tax.      
   The amount of the credit ranges from $250 to $1,500 depending upon the      
   years  of  services  as a certified teacher.  Provides that the credit      
   may not reduce a taxpayer's tax liability to less than zero.  Provides      
   that  unused  credits  may  not   be   carried   forward.    Effective      
   FEB-22-2001  S  FIRST READING                                                  
   FEB-22-2001  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   FEB-28-2001  S       ASSIGNED TO COMMITTEE               REVENUE               
   MAR-22-2001  S       TO SUBCOMMITTEE                                           
   MAR-22-2001  S                   COMMITTEE               REVENUE               
   MAR-31-2001  S  RE-REFERRED TO RULES COMM/RULE 3-9(A)    RULES                 
   JAN-07-2003  S  SESSION SINE DIE                                               


 Full Text  Bill Summary