Bill Title: Amends the Illinois Income Tax Act. For taxable years ending on or after December 31, 2009, allows small businesses that provide health care insurance for their employees and their spouses and dependents to claim a tax credit in an amount equal to the cost of providing that insurance, but not to exceed: (i) $500 per employee who receives health care insurance; and (ii) $250 for each spouse and dependent of an employee who receives health care insurance. Provides that the taxpayer may not carry the credit forward or back and that the credit may not reduce a taxpayer's liability to less than zero. Exempts the credit from the Act's sunset provisions. Effective immediately.

Spectrum: Moderate Partisan Bill (Democrat 8-1)

Status: (Introduced - Dead) 2009-03-13 - Rule 19(a) / Re-referred to Rules Committee [HB0566 Detail]

Text: Latest bill text (Introduced) [HTML]

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Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Representative Annazette Collins [D]	Sponsor	Sponsored Bills	HD-010	FollowTheMoney	Ballotpedia	VoteSmart
Representative Arthur Turner [D]	Sponsor	Sponsored Bills	HD-009	FollowTheMoney	Ballotpedia	VoteSmart
Representative Careen Gordon [D]	Sponsor	Sponsored Bills	HD-075	FollowTheMoney	Ballotpedia	VoteSmart
Representative David Miller [D]	Sponsor	Sponsored Bills	HD-029	FollowTheMoney	Ballotpedia	VoteSmart
Representative Elizabeth Coulson [R]	Sponsor	Sponsored Bills	HD-017	FollowTheMoney	Ballotpedia	VoteSmart
Representative LaShawn Ford [D]	Sponsor	Sponsored Bills	HD-008	FollowTheMoney	Ballotpedia	VoteSmart
Representative Lisa Dugan [D]	Sponsor	Sponsored Bills	HD-079	FollowTheMoney	Ballotpedia	VoteSmart
Representative Louis Lang [D]	Sponsor	Sponsored Bills	HD-016	FollowTheMoney	Ballotpedia	VoteSmart
Representative Paul Froehlich [D]	Sponsor	Sponsored Bills	HD-056	FollowTheMoney	Ballotpedia	VoteSmart

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