INC TX-CREDIT-MODIFY RESIDENCE Senate SponsorsSen. Matt Murphy and Mike Jacobs-Linda Holmes 1/8/2013SenateSession Sine Die 35 ILCS 5/221 newAmends the Illinois Income Tax Act. Creates a credit for individual taxpayers in an amount equal to the total amount of expenditures made by the taxpayer during the taxable year for the purpose of modifying the taxpayer's primary residence to accommodate a person with a disability. Provides that the amount of the credit may not exceed $500 in any taxable year. Provides that the credit may not reduce the taxpayer's liability to less than zero. Provides that, if the amount of the credit exceeds the taxpayer's liability for the taxable year, the excess credit may not be carried forward or back and shall not be refunded to the taxpayer. Exempts the credit from the Act's automatic sunset provisions. Effective immediately. 2/8/2011SenateFiled with Secretary by Sen. Matt Murphy 2/8/2011SenateFirst Reading 2/8/2011SenateReferred to Assignments 2/9/2011SenateAssigned to Revenue 2/15/2011SenateTo Revenue Subcommittee on Tax Credits 3/10/2011SenateAdded as Co-Sponsor Sen. Mike Jacobs 3/17/2011SenateAdded as Chief Co-Sponsor Sen. Linda Holmes 3/18/2011SenateRule 3-9(a) / Re-referred to Assignments 1/8/2013SenateSession Sine Die