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IL HB2632
Bill
Status
Failed
1/8/2019
Primary Sponsor
Sonya Harper
Click for details
AI Summary
- Amends the Illinois Income Tax Act by adding Section 224 effective for taxable years beginning January 1, 2017
- Provides a $500 tax credit for each dependent under age 18 for heads of single parent households who operate an at-home business from their residential property
- Defines "single parent household" as a household with children under 18 headed by a single adult who is widowed, divorced and not remarried, or never married
- Defines "at-home business" as any business where primary administrative and managerial activities occur within the individual's personal residence
- Takes effect immediately upon becoming law
Legislative Description
INC TAX-SINGLE PARENT HOUSEHLD
Last Action
Session Sine Die
1/8/2019
Committee Referrals
Rules3/31/2017
Income Tax3/9/2017
Revenue & Finance2/22/2017
Rules2/8/2017
Full Bill Text
No bill text available