HB 1543 Illinois House · 95th Regular Session

INC TAX-SPECIAL NEEDS TRUST

Summary
Amends the Illinois Income Tax Act. Allows a deduction from federal adjusted gross income, in arriving at base income for Illinois income tax purposes, of an amount equal to earnings in a special needs trust, to the extent included in adjusted gross income. Defines "special needs trust" as a trust that is not liable to pay or reimburse the State or any public agency for financial aid or services to the individual, as provided in the Trusts and Trustees Act. Effective immediately.
Bill status failed 1 of 4 stages cleared
Introduction
Feb 2007
Committee Review
Floor Vote
Governor
Introduced Feb 22, 2007 Last action Jan 13, 2009
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
6
Key actions
0
Committee
3
Jan 13, 2009
House · Failed
Session Sine Die
Mar 23, 2007
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
Feb 27, 2007
House · Referred to committee
Assigned to Disability Services Committee
Feb 22, 2007
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
Co
Photo of Kathleen A. Ryg
Kathleen A. Ryg
DDemocratic
IL
59