<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 3419         </title>
<shortdesc>INC TX-CHILD CARE</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Toi W. Hutchinson</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2017</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/210</reference><aliasreference></aliasreference><reference>35 ILCS 5/210.5</reference><aliasreference></aliasreference><reference>35 ILCS 5/224 new</reference><aliasreference></aliasreference><SynopsisText>Amends the Illinois Income Tax Act. Provides that the credit for employee child care shall be in an amount equal to 50% of the start-up costs expended by the taxpayer to provide a child care facility for the children of its employees and 20% of the annual amount paid by the taxpayer to provide an on site child care facility for the children of its employees or to pay for the provision of child care offsite for the children of its employees (currently, 30% of the start-up costs and 5% of the annual amount). Provides that the taxpayer may coordinate with an independent child care facility to provide care for the children of employees. Creates a child care credit in an amount equal to 20% of the federal tax credit for each qualifying child. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>4/12/2016</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Toi W. Hutchinson</action>
<statusdate>4/12/2016</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>4/12/2016</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>1/10/2017</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

