Bill Title: Amends the Illinois Income Tax Act. Creates a credit for licensed hospitals in an amount equal to the lesser of the cost of charity care provided by the hospital during the tax year or the amount of real property taxes paid during the tax year on hospital property. Effective immediately.

Spectrum: Partisan Bill (Democrat 10-0)

Status: (Failed) 2013-01-08 - Session Sine Die [HB1423 Detail]

Text: Latest bill text (Introduced) [HTML]

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