IL HB0369

Creates a new income tax deduction for individuals beginning January 1, 2019, equal to the full amount of out-of-pocket costs incurred during the taxable year for expenses associated with long-term care for the taxpayer or their family member.

Defines "family member" for purposes of the deduction as the taxpayer's spouse or their child, sibling, parent, grandparent, or grandchild (or those relatives of the taxpayer's spouse).

Makes the deduction exempt from the provisions of Section 250, meaning it cannot be limited by any sunset date or other restrictions that normally apply to tax modifications.

Amends the Illinois Income Tax Act by adding this deduction as a new subtraction modification (subparagraph II) to Section 203(a)(2), allowing eligible individuals to reduce their taxable income by qualifying long-term care expenses.

Takes effect immediately upon becoming law.