IL HB3411 | 2021-2022 | 102nd General Assembly

Status

Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on February 19 2021 - 25% progression, died in committee
Action: 2021-03-27 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Invest in Kids Act. Provides that the amount of the credit shall be 100% (currently, 75%) of the total amount of qualified contributions made by the taxpayer during the taxable year. Provides that the annual aggregate credit cap shall be $100,000,000 per calendar year (currently, $75,000,000). Provides that the individual credit cap shall be $1,333,333 per taxpayer (currently, $1,000,000). Removes a limitation preventing contributions from being directed to a particular subset of schools or a particular school. Provides that, in granting scholarships, first priority shall be given to eligible students who received a scholarship from a scholarship granting organization during the previous school year. Contains provisions concerning technical academies.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

INVEST IN KIDS-CONTRIBUTIONS

Sponsors


History

DateChamberAction
2021-03-27HouseRule 19(a) / Re-referred to Rules Committee
2021-03-18HouseAdded Co-Sponsor Rep. Chris Miller
2021-03-18HouseAdded Co-Sponsor Rep. Dan Brady
2021-03-16HouseAssigned to Revenue & Finance Committee
2021-02-22HouseReferred to Rules Committee
2021-02-22HouseFirst Reading
2021-02-19HouseFiled with the Clerk by Rep. Blaine Wilhour

Code Citations

ChapterArticleSectionCitation TypeStatute Text
354010Amended CodeCitation Text
354040Amended CodeCitation Text
354045Amended CodeCitation Text
35405Amended CodeCitation Text
354065Repealed CodeCitation Text
35407.5New CodeSee Bill Text
3540995Repealed CodeCitation Text

Illinois State Sources


Bill Comments

feedback