IL SB3243 | 2023-2024 | 103rd General Assembly
Status
Spectrum: Partisan Bill (Republican 7-0)
Status: Introduced on February 6 2024 - 25% progression
Action: 2024-02-26 - Added as Chief Co-Sponsor Sen. Dan McConchie
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 6 2024 - 25% progression
Action: 2024-02-26 - Added as Chief Co-Sponsor Sen. Dan McConchie
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Illinois Income Tax Act and the Invest in Kids Act. Provides that the Invest in Kids credit applies permanently (currently, the credit applies for taxable years ending before January 1, 2024). Effective immediately.
Title
INVEST IN KIDS-VARIOUS
Sponsors
| Sen. Thomas Bennett [R] | Sen. Jil Tracy [R] | Sen. Dan McConchie [R] | Sen. Andrew Chesney [R] |
| Sen. Donald DeWitte [R] | Sen. John Curran [R] | Sen. Win Stoller [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2024-02-26 | Senate | Added as Chief Co-Sponsor Sen. Dan McConchie |
| 2024-02-22 | Senate | Added as Co-Sponsor Sen. Win Stoller |
| 2024-02-22 | Senate | Added as Co-Sponsor Sen. John F. Curran |
| 2024-02-22 | Senate | Added as Co-Sponsor Sen. Donald P. DeWitte |
| 2024-02-22 | Senate | Added as Co-Sponsor Sen. Andrew S. Chesney |
| 2024-02-16 | Senate | Added as Chief Co-Sponsor Sen. Jil Tracy |
| 2024-02-06 | Senate | Referred to Assignments |
| 2024-02-06 | Senate | First Reading |
| 2024-02-06 | Senate | Filed with Secretary by Sen. Tom Bennett |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 35 | 40 | 40 | Amended Code | Citation Text |
| 35 | 40 | 65 | Amended Code | Citation Text |
| 35 | 5 | 224 | Amended Code | Citation Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3243&GAID=17&DocTypeID=SB&SessionID=112&GA=103 |
| Text | https://www.ilga.gov/legislation/103/SB/10300SB3243.htm |
