summary
Introduced
01/29/2020
01/29/2020
In Committee
06/23/2020
06/23/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
101st General Assembly
Bill Summary
Amends the Illinois Income Tax Act. Provides that a taxpayer who is a family caregiver is eligible to receive a nonrefundable income tax credit in an amount equal to 100% of the eligible expenditures incurred by the taxpayer during the taxable year related to the care of an eligible family member, but not exceed $750 for the same eligible family member. Provides that the term "eligible family member" means a person who: (1) is at least 50 years of age during a taxable year; (2) requires assistance with at least one activity of daily living; (3) is a resident of the State; and (4) is related to the family caregiver. Effective immediately.
AI Summary
This bill amends the Illinois Income Tax Act to provide a nonrefundable income tax credit of up to $750 for eligible family caregivers who incur expenses related to caring for an eligible family member who is at least 50 years old, requires assistance with at least one daily living activity, and is a resident of Illinois. The bill defines "eligible expenditures" as costs associated with home modifications, equipment, and other goods and services that assist the family caregiver. The Department of Revenue and the Department on Aging will jointly administer the credit and publish annual reports on the total credits claimed.
Committee Categories
Budget and Finance
Sponsors (9)
Anna Moeller (D)*,
Darren Bailey (R),
Robyn Gabel (D),
Will Guzzardi (D),
Theresa Mah (D),
Rita Mayfield (D),
Deanne Mazzochi (R),
Debbie Meyers-Martin (D),
Katie Stuart (D),
Last Action
Rule 19(b) / Re-referred to Rules Committee (on 06/23/2020)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=4363&GAID=15&DocTypeID=HB&SessionID=108&GA=101 | 07/17/2020 |
| State Bill Page | http://www.ilga.gov/legislation/BillStatus.asp?DocNum=4363&GAID=15&DocTypeID=HB&SessionID=108&GA=101 | 01/30/2020 |
| BillText | http://www.ilga.gov/legislation/101/HB/10100HB4363.htm | 01/30/2020 |
| Bill | http://www.ilga.gov/legislation/101/HB/PDF/10100HB4363.pdf | 01/30/2020 |
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