Bill Text: IL HB5452 | 2009-2010 | 96th General Assembly | Introduced
Bill Title: Amends the Senior Citizens and Disabled Persons Property Tax Relief and Pharmaceutical Assistance Act. Provides that the term "income" does not include the annual amount spent on necessary home medical equipment. Effective immediately.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Introduced - Dead) 2010-03-15 - Rule 19(a) / Re-referred to Rules Committee [HB5452 Detail]
Download: Illinois-2009-HB5452-Introduced.html
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1 | AN ACT concerning aging.
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2 | Be it enacted by the People of the State of Illinois,
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3 | represented in the General Assembly:
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4 | Section 5. The Senior Citizens and Disabled Persons | ||||||||||||||||||||||||
5 | Property Tax Relief and
Pharmaceutical Assistance Act is | ||||||||||||||||||||||||
6 | amended by changing Section 3.07 as follows:
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7 | (320 ILCS 25/3.07) (from Ch. 67 1/2, par. 403.07)
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8 | Sec. 3.07. Income. "Income" means adjusted gross income, | ||||||||||||||||||||||||
9 | properly reportable for
federal income tax purposes under the | ||||||||||||||||||||||||
10 | provisions of the Internal Revenue Code,
modified by adding | ||||||||||||||||||||||||
11 | thereto the sum of the following amounts to the extent
deducted | ||||||||||||||||||||||||
12 | or excluded from gross income in the computation of adjusted | ||||||||||||||||||||||||
13 | gross
income:
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14 | (A) An amount equal to all amounts paid or accrued as | ||||||||||||||||||||||||
15 | interest or
dividends during the taxable year;
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16 | (B) An amount equal to the amount of tax imposed by the | ||||||||||||||||||||||||
17 | Illinois Income
Tax Act paid for the taxable year;
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18 | (C) An amount equal to all amounts received during the | ||||||||||||||||||||||||
19 | taxable year as
an annuity under an annuity, endowment or | ||||||||||||||||||||||||
20 | life insurance contract or under
any other contract or | ||||||||||||||||||||||||
21 | agreement;
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22 | (D) An amount equal to the amount of benefits paid | ||||||||||||||||||||||||
23 | under the Federal
Social Security Act during the taxable |
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1 | year;
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2 | (E) An amount equal to the amount of benefits paid | ||||||
3 | under the Railroad
Retirement Act during the taxable year;
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4 | (F) An amount equal to the total amount of cash public | ||||||
5 | assistance
payments received from any governmental agency | ||||||
6 | during the taxable year
other than benefits received | ||||||
7 | pursuant to this Act;
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8 | (G) An amount equal to any net operating loss carryover | ||||||
9 | deduction or
capital loss carryover deduction during the | ||||||
10 | taxable year; and
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11 | (H) An amount
equal to any benefits received under the | ||||||
12 | Workers' Compensation Act or the
Workers' Occupational | ||||||
13 | Diseases Act during the
taxable year.
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14 | "Income" does not include any distributions or items of | ||||||
15 | income described
under subparagraph (X) of paragraph (2) of | ||||||
16 | subsection (a) of Section 203 of
the Illinois Income Tax Act or | ||||||
17 | any payments under Section 2201 or Section 2202 of the American | ||||||
18 | Recovery and Reinvestment Act of 2009.
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19 | "Income" does not include the annual amount spent on | ||||||
20 | necessary home medical equipment. For purposes of this Section, | ||||||
21 | "home medical equipment" has the meaning ascribed to that term | ||||||
22 | in the Home Medical Equipment and Services Provider License | ||||||
23 | Act. | ||||||
24 | (Source: P.A. 96-804, eff. 1-1-10.)
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25 | Section 99. Effective date. This Act takes effect upon | ||||||
26 | becoming law.
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