IL HB3437 | 2015-2016 | 99th General Assembly
Status
Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on February 26 2015 - 25% progression, died in committee
Action: 2015-03-27 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 26 2015 - 25% progression, died in committee
Action: 2015-03-27 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Illinois Income Tax Act. Creates a deduction for individuals, trusts, and estates for certain qualified student loan payments made during the taxable year. Provides that the deduction is excluded from the Act's automatic sunset provisions. Effective immediately.
Title
INC TX-EDUCATION LOANS
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2015-03-27 | House | Rule 19(a) / Re-referred to Rules Committee |
| 2015-03-13 | House | To Income Tax Subcommittee |
| 2015-03-10 | House | Assigned to Revenue & Finance Committee |
| 2015-02-26 | House | Referred to Rules Committee |
| 2015-02-26 | House | First Reading |
| 2015-02-26 | House | Filed with the Clerk by Rep. Marcus C. Evans, Jr. |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 35 | 5 | 203 | Amended Code | Citation Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3437&GAID=13&DocTypeID=HB&SessionID=88&GA=99 |
| Text | https://www.ilga.gov/legislation/99/HB/09900HB3437.htm |
