IL HB3032 | 2011-2012 | 97th General Assembly
Status
January 8 2013 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the State Treasurer Act. Authorizes the State Treasurer to establish and administer an Educational Opportunities for the Developmentally Disabled Savings Pool to supplement and enhance the investment opportunities otherwise available to persons seeking to finance the costs of providing expanded educational and employment opportunities to persons with a developmental disability. Provides that participants in the Pool are required to use moneys distributed from the Pool for qualified expenses. Contains penalty provisions. Sets forth the duties of the State Treasurer with respect to the Educational Opportunities for the Developmentally Disabled Savings Pool. Defines "developmental disability" and "qualified expenses". Amends the Illinois Income Tax Act. Creates a deduction for individual taxpayers equal to the amount contributed by the taxpayer to an Educational Opportunities for the Developmentally Disabled Savings Pool account during the taxable year, but not to exceed $20,000 per taxable year. Effective immediately.
Title
SAVINGS POOL FOR DEV DISABLED
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2013-01-08 | House | Session Sine Die |
| 2012-03-30 | House | Rule 19(a) / Re-referred to Rules Committee |
| 2012-02-16 | House | Added Co-Sponsor Rep. Fred Crespo |
| 2012-02-15 | House | Added Co-Sponsor Rep. Keith Farnham |
| 2012-02-15 | House | Added Co-Sponsor Rep. Jehan A. Gordon |
| 2012-02-08 | House | Added Co-Sponsor Rep. Kelly M. Cassidy |
| 2012-01-30 | House | Placed on Calendar 2nd Reading - Standard Debate |
| 2012-01-30 | House | Approved for Consideration Rules Committee; 003-000-000 |
| 2011-04-15 | House | Rule 19(a) / Re-referred to Rules Committee |
| 2011-04-14 | House | Held on Calendar Order of Second Reading - Standard Debate |
| 2011-04-14 | House | Second Reading - Standard Debate |
| 2011-04-14 | House | Added Co-Sponsor Rep. Ann Williams |
| 2011-04-14 | House | Added Co-Sponsor Rep. Angelo Saviano |
| 2011-04-14 | House | Added Co-Sponsor Rep. Chris Nybo |
| 2011-03-17 | House | Placed on Calendar 2nd Reading - Standard Debate |
| 2011-03-17 | House | Do Pass / Standard Debate Revenue & Finance Committee; 005-004-000 |
| 2011-03-17 | House | Remains in Revenue & Finance Committee |
| 2011-03-17 | House | Recommends Do Pass Subcommittee/ Revenue & Finance Committee; 003-000-000 |
| 2011-03-16 | House | Added Co-Sponsor Rep. Carol A. Sente |
| 2011-03-10 | House | Added Chief Co-Sponsor Rep. Michelle Mussman |
| 2011-03-09 | House | Added Chief Co-Sponsor Rep. Patricia R. Bellock |
| 2011-03-08 | House | Added Co-Sponsor Rep. Ren |
| 2011-03-02 | House | Added Co-Sponsor Rep. Michael P. McAuliffe |
| 2011-03-01 | House | Added Chief Co-Sponsor Rep. Sidney H. Mathias |
| 2011-03-01 | House | Added Chief Co-Sponsor Rep. Elaine Nekritz |
| 2011-02-28 | House | Assigned to Revenue & Finance Committee |
| 2011-02-23 | House | Referred to Rules Committee |
| 2011-02-23 | House | First Reading |
| 2011-02-23 | House | Filed with the Clerk by Rep. Kelly Burke |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 15 | 505 | 17.10 | New Code | See Bill Text |
| 35 | 5 | 203 | Amended Code | Citation Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | http://www.ilga.gov/legislation/BillStatus.asp?DocNum=3032&GAID=11&DocTypeID=HB&SessionID=84&GA=97 |
| Text | http://www.ilga.gov/legislation/97/HB/09700HB3032.htm |
