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Chief Sponsor:

Sidney H. Mathias

Tagged in: Tax

Latest Update: Tuesday, December, 02nd 2008

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INC TX-DEDUCT MEDICARE PART B

Amends the Illinois Income Tax Act. Creates a deduction for individual taxpayers who are 62 years of age or older in an amount equal to the amount the individual pays for Medicare Part B benefits during the taxable year. Provides that the deduction is available in taxable years ending on or after December 31, 2007. Exempts the deduction from the sunset provisions. Effective immediately.
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Latest Actions
  • 03/23/2007 - Rule 19(a) / Re-referred to Rules Committee
  • 03/07/2007 - Added Co-Sponsor Rep. Karen May
  • 03/07/2007 - Added Co-Sponsor Rep. Susana A Mendoza
  • 02/15/2007 - Assigned to Revenue Committee
  • 02/07/2007 - Filed with the Clerk by Rep. Sidney H. Mathias

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Bill Text
File name Last Updated
HB0906 Bill Text Introduced PDF07/03/2007