summary
Introduced
01/24/2022
01/24/2022
In Committee
02/18/2022
02/18/2022
Crossed Over
Passed
Dead
04/08/2022
04/08/2022
Introduced Session
102nd 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 $1,500 for the same eligible family member. Provides that the term "eligible family member" means a person who: (1) is at least 18 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 or is an individual whose close association with the family caregiver is the equivalent of a family relationship. Effective immediately.
AI Summary
This bill amends the Illinois Income Tax Act to provide a nonrefundable tax credit of up to $1,500 for family caregivers who incur eligible expenses related to caring for an eligible family member. An "eligible family member" is defined as an individual who is at least 18 years old, requires assistance with at least one activity of daily living, is a resident of Illinois, and is related to the family caregiver or has an equivalent close relationship. The credit covers expenses such as home modifications, equipment purchases, and services like respite care or adult day health. The bill requires the Department of Revenue and Department on Aging to jointly implement the tax credit program. The bill takes effect immediately.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Rule 19(a) / Re-referred to Rules Committee (on 02/18/2022)
Official Document
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=4771&GAID=16&DocTypeID=HB&SessionID=110&GA=102 | 01/25/2022 |
| BillText | https://www.ilga.gov/legislation/102/HB/10200HB4771.htm | 01/25/2022 |
| Bill | https://www.ilga.gov/legislation/102/HB/PDF/10200HB4771.pdf | 01/25/2022 |
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