MED SVGS ACCT-TAX CREDIT Senate SponsorsSen. Dale A. Righter-Christine Radogno-Kirk W. Dillard-Peter J. Roskam-Adeline Jay Geo-Karis and Pamela J. Althoff 1/9/2007SenateSession Sine Die 35 ILCS 5/216 new820 ILCS 153/5Amends the Illinois Income Tax Act. Provides that a taxpayer providing health insurance and a medical care savings account to its employees shall receive a tax credit of up to $1,000 per employee. Provides that an employer that establishes a medical care savings account after the effective date of the amendatory Act shall receive a tax credit of up to $1,200 per employee for the first year and $1,000 thereafter. Amends the Medical Care Savings Account Act of 2000 to permit employees to make contributions to medical care savings accounts. Effective immediately. 1/20/2006SenateFiled with Secretary by Sen. Dale A. Righter 1/20/2006SenateChief Co-Sponsor Sen. Christine Radogno 1/20/2006SenateChief Co-Sponsor Sen. Kirk W. Dillard 1/20/2006SenateChief Co-Sponsor Sen. Peter J. Roskam 1/20/2006SenateChief Co-Sponsor Sen. Adeline Jay Geo-Karis 1/20/2006SenateFirst Reading 1/20/2006SenateReferred to Rules 1/31/2006SenateAdded as Co-Sponsor Sen. Pamela J. Althoff 1/9/2007SenateSession Sine Die