DISSOL-CHLD SUP-DEPRECIATION

Amends the Illinois Marriage and Dissolution of Marriage Act. Provides that net income is the total of all income minus deductions for federal and State income tax; Social Security; mandatory retirement contributions; union dues; health insurance premiums; prior support or maintenance obligations; expenditures for repayment of debts that represent reasonable and necessary expenses for the production of income; medical expenditures necessary to preserve life or health; reasonable expenditures for the benefit of the child and the other parent, exclusive of gifts; and straight-line depreciation of capital assets reasonable and necessary for the production of income, except for real estate or depreciation regarding an asset for which there is a repayment of debt deduction (instead of federal and State income tax; Social Security; mandatory retirement contributions; union dues; health insurance premiums; prior support or maintenance obligations; and expenditures for repayment of debts that represent reasonable and necessary expenses for the production of income, medical expenditures necessary to preserve life or health, reasonable expenditures for the benefit of the child and the other parent, exclusive of gifts).