INC TAX-CREDITS Senate SponsorsSen. Jacqueline Y. Collins-Miguel del Valle-Ira I. Silverstein-Carole Pankau-Iris Y. Martinez, John O. Jones, Dave Sullivan and Donne E. Trotter 1/9/2007SenateSession Sine Die 35 ILCS 5/212Amends the Illinois Income Tax Act. Increases the amount of the earned income tax credit from 5% of the federal credit to: (i) 10% of the federal tax credit for taxable years beginning on or after January 1, 2005; (ii) 15% of the federal tax credit for taxable years beginning on or after January 1, 2007; and (iii) 20% of the federal tax credit for taxable years beginning on or after January 1, 2009. Effective immediately. 2/3/2005SenateFiled with Secretary by Sen. Jacqueline Y. Collins 2/3/2005SenateChief Co-Sponsor Sen. Miguel del Valle 2/3/2005SenateChief Co-Sponsor Sen. Ira I. Silverstein 2/3/2005SenateChief Co-Sponsor Sen. Carole Pankau 2/3/2005SenateChief Co-Sponsor Sen. Iris Y. Martinez 2/3/2005SenateCo-Sponsor Sen. John O. Jones 2/3/2005SenateCo-Sponsor Sen. Dave Sullivan 2/3/2005SenateFirst Reading 2/3/2005SenateReferred to Rules 2/17/2005SenateAssigned to Revenue 2/24/2005SenatePostponed - Revenue 2/24/2005SenateAdded as Co-Sponsor Sen. Donne E. Trotter 3/3/2005SenateHeld in Revenue 3/18/2005SenateRule 3-9(a) / Re-referred to Rules 1/9/2007SenateSession Sine Die