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Home > Illinois > HB6657
Chief Sponsor:

Richard P. Myers

Tagged in: Housing, Tax

Latest Update: Saturday, September, 06th 2008

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INC TX-DISASTER

Amends the Illinois Income Tax Act. Creates a deduction for amounts paid to a taxpayer by his or her employer for the purpose of (i) fully or partially compensating the taxpayer for damage to the taxpayer's principal place of residence caused by a disaster, or (ii) enabling the taxpayer to secure housing after a disaster. Provides that the deduction may not exceed $20,000. Effective immediately.
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Latest Actions
  • 07/14/2008 - First Reading
  • 07/14/2008 - Referred to Rules Committee
  • 06/24/2008 - Added Co-Sponsor Rep. Jil Tracy
  • 06/23/2008 - Filed with the Clerk by Rep. Richard P. Myers
  • 06/23/2008 - Chief Co-Sponsor Rep. Roger L. Eddy

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