INC TX-ELDERCARE TAX CREDIT House SponsorsRep. Bob Biggins-David R. Leitch-Randall M. Hultgren-Sandra M. Pihos-Sidney H. Mathias, Rosemary Mulligan, Patricia R. Bellock, Lou Lang, William Davis, Elizabeth Coulson, Arthur L. Turner, Wyvetter H. Younge, Roger Jenisch and Eileen Lyons 1/9/2007HouseSession Sine Die 35 ILCS 5/216 new Amends the Illinois Income Tax Act. Grants a credit against the tax imposed by the Act in the amount of expenditures during the taxable year for the care of an individual 65 years of age or older who is claimed as a dependent on the taxpayer's federal income tax return. Provides that the amount of the credit for the taxable year may be no more than $1,000 or the taxpayer's tax liability for the year, whichever is less. Allows an excess credit to be carried forward to the tax liability of 2 succeeding taxable years. Exempts the credit from the Act's sunset requirement. Effective immediately. 2/25/2005HouseFiled with the Clerk by Rep. Bob Biggins 2/25/2005HouseChief Co-Sponsor Rep. David R. Leitch 2/25/2005HouseChief Co-Sponsor Rep. Randall M. Hultgren 2/25/2005HouseChief Co-Sponsor Rep. Sandra M. Pihos 2/25/2005HouseChief Co-Sponsor Rep. Sidney H. Mathias 2/25/2005HouseCo-Sponsor Rep. Rosemary Mulligan 2/25/2005HouseCo-Sponsor Rep. Patricia R. Bellock 2/28/2005HouseFirst Reading 2/28/2005HouseReferred to Rules Committee 3/1/2005HouseAssigned to Revenue Committee 3/8/2005HouseAdded Co-Sponsor Rep. Lou Lang 3/10/2005HouseAdded Co-Sponsor Rep. William Davis 3/10/2005HouseCommittee Deadline Extended-Rule 9(b) March 17, 2005 3/16/2005HouseAdded Co-Sponsor Rep. Elizabeth Coulson 3/17/2005HouseAdded Co-Sponsor Rep. Arthur L. Turner 3/17/2005HouseAdded Co-Sponsor Rep. Wyvetter H. Younge 3/18/2005HouseRule 19(a) / Re-referred to Rules Committee 3/21/2005HouseAdded Co-Sponsor Rep. Roger Jenisch 3/21/2005HouseAdded Co-Sponsor Rep. Eileen Lyons 1/9/2007HouseSession Sine Die