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<xml>
<title>Illinois General Assembly - Bill Status for HB 597    </title>
<shortdesc>INC TX-HEALTH INS CREDIT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Patricia R. Bellock, Kurt M. Granberg, Elizabeth Hernandez, Karen May and Susana A Mendoza</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2009</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/218 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Illinois Income Tax Act. For taxable years ending on or after December 31, 2008, allows small businesses that provide health care insurance for their employees to claim a tax credit in an amount equal to $100 for each employee covered, $50 for each spouse covered, and $40 for each dependent (up to 2 dependents) covered. 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.</SynopsisText></synopsis>
<actions>
<statusdate>2/2/2007</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Patricia R. Bellock</action>
<statusdate>2/5/2007</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/5/2007</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/7/2007</statusdate><chamber>House</chamber><action>Assigned to Revenue Committee</action>
<statusdate>2/23/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Kurt M. Granberg</action>
<statusdate>2/28/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Elizabeth Hernandez</action>
<statusdate>3/7/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Karen May</action>
<statusdate>3/7/2007</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Susana A Mendoza</action>
<statusdate>3/23/2007</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/13/2009</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

