INC TX-DEPENDENT TAX CREDIT House SponsorsRep. Marcus C. Evans, Jr.-Anna Moeller-Mary Beth Canty-Theresa Mah-Harry Benton, Lindsey LaPointe, Abdelnasser Rashid, Joyce Mason, Nabeela Syed, Barbara Hernández, Kelly M. Cassidy, Bob Morgan, Kevin John Olickal, Laura Faver Dias, Suzanne M. Ness and Diane Blair-Sherlock 1/7/2025HouseSession Sine Die 35 ILCS 5/234 new Amends the Illinois Income Tax Act. Creates an income tax credit for dependents of the taxpayer. Provides that the maximum amount of the credit is $700 per qualified dependent of the taxpayer. Provides that the maximum amount shall be reduced by $24 for each $1,000 by which the taxpayer's net income exceeds $75,000 in the case of a joint return or $50,000 in the case of any other form of return. Defines "qualified dependent". Effective immediately. 2/17/2023HouseFiled with the Clerk by Rep. Marcus C. Evans, Jr. 2/17/2023HouseFirst Reading 2/17/2023HouseReferred to Rules Committee 2/21/2023HouseAdded Co-Sponsor Rep. Lindsey LaPointe 2/21/2023HouseAdded Chief Co-Sponsor Rep. Anna Moeller 2/28/2023HouseAssigned to Revenue & Finance Committee 3/2/2023HouseTo Revenue-Income Tax Subcommittee 3/3/2023HouseAdded Co-Sponsor Rep. Abdelnasser Rashid 3/6/2023HouseAdded Co-Sponsor Rep. Joyce Mason 3/7/2023HouseAdded Co-Sponsor Rep. Nabeela Syed 3/7/2023HouseAdded Co-Sponsor Rep. Barbara Hernández 3/8/2023HouseAdded Co-Sponsor Rep. Kelly M. Cassidy 3/8/2023HouseAdded Co-Sponsor Rep. Bob Morgan 3/9/2023HouseAdded Co-Sponsor Rep. Kevin John Olickal 3/10/2023HouseRule 19(a) / Re-referred to Rules Committee 3/16/2023HouseAdded Co-Sponsor Rep. Laura Faver Dias 3/21/2023HouseAdded Chief Co-Sponsor Rep. Theresa Mah 3/22/2023HouseAdded Co-Sponsor Rep. Suzanne M. Ness 8/29/2023HouseAdded Chief Co-Sponsor Rep. Mary Beth Canty 1/5/2024HouseAdded Chief Co-Sponsor Rep. Harry Benton 1/19/2024HouseAdded Co-Sponsor Rep. Diane Blair-Sherlock 1/7/2025HouseSession Sine Die