Bill Texts: IL HB4882 | 2023-2024 | 103rd General Assembly

Bill Title: Amends the State Treasurer Act. In provisions relating to the College Savings Pool established by the State Treasurer pursuant to Section 529 of the Internal Revenue Code, provides that an "eligible educational institution" includes elementary or secondary public, private, or religious schools and "qualified expenses" include expenses, up to $10,000 per taxable year, for tuition in connection with enrollment or attendance at an elementary or secondary public, private, or religious school. Amends the Deposit of State Moneys Act, Illinois Income Tax Act, the Code of Civil Procedure, and the Illinois Marriage and Dissolution of Marriage Act to make conforming changes. Effective immediately.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced) 2024-02-07 - Referred to Rules Committee [HB4882 Detail]

Bill Drafts

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Introduced2024-02-06HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois HB4882

Supplemental Documents

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No supplemental documents for Illinois HB4882 currently on file.

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