IL HB3640 | 2013-2014 | 98th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 25-0)
Status: Failed on December 3 2014 - 100% progression
Action: 2014-12-03 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 25-0)
Status: Failed on December 3 2014 - 100% progression
Action: 2014-12-03 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Illinois Income Tax Act. Creates a credit for an individual taxpayer who is the principal provider of financial aid to an eligible student, other than the eligible student himself or herself, in an amount equal to 25% of the qualified education expenses paid by the taxpayer on behalf of that eligible student during the taxable year, but not to exceed $1,000 in any one taxable year. Provides that the term "eligible student" means a full-time or part-time student enrolled in an accredited institution of higher education in the State. Provides that a taxpayer is not eligible for the credit if the taxpayer's adjusted gross income exceeds $150,000. Provides that the credit is exempt from the Act's automatic sunset provisions. Effective immediately.
Title
INC TX-HIGHER EDUCATION
Sponsors
History
Date | Chamber | Action |
---|---|---|
2014-12-03 | House | Session Sine Die |
2013-06-25 | House | Added Chief Co-Sponsor Rep. Michael W. Tryon |
2013-06-25 | House | Removed Co-Sponsor Rep. Michael W. Tryon |
2013-06-19 | House | Referred to Rules Committee |
2013-06-19 | House | First Reading |
2013-06-14 | House | Added Co-Sponsor Rep. Timothy L. Schmitz |
2013-06-14 | House | Added Co-Sponsor Rep. Keith P. Sommer |
2013-06-13 | House | Added Co-Sponsor Rep. Charles E. Meier |
2013-06-13 | House | Added Co-Sponsor Rep. Chad Hays |
2013-06-13 | House | Added Co-Sponsor Rep. Jil Tracy |
2013-06-13 | House | Added Co-Sponsor Rep. Raymond Poe |
2013-06-12 | House | Added Chief Co-Sponsor Rep. Sandra M. Pihos |
2013-06-12 | House | Chief Co-Sponsor Changed to Rep. Dwight Kay |
2013-06-12 | House | Added Chief Co-Sponsor Rep. Dwight Kay |
2013-06-12 | House | Added Co-Sponsor Rep. Joe Sosnowski |
2013-06-12 | House | Added Co-Sponsor Rep. John M. Cabello |
2013-06-12 | House | Added Co-Sponsor Rep. Mike Bost |
2013-06-12 | House | Added Co-Sponsor Rep. Josh Harms |
2013-06-12 | House | Added Co-Sponsor Rep. Ron Sandack |
2013-06-12 | House | Added Co-Sponsor Rep. Darlene J. Senger |
2013-06-12 | House | Added Co-Sponsor Rep. Dan Brady |
2013-06-12 | House | Added Co-Sponsor Rep. Wayne Rosenthal |
2013-06-12 | House | Added Co-Sponsor Rep. Barbara Wheeler |
2013-06-12 | House | Added Co-Sponsor Rep. C.D. Davidsmeyer |
2013-06-12 | House | Added Co-Sponsor Rep. Kay Hatcher |
2013-06-12 | House | Added Co-Sponsor Rep. Bill Mitchell |
2013-06-12 | House | Added Co-Sponsor Rep. Robert W. Pritchard |
2013-06-12 | House | Added Co-Sponsor Rep. Rich Brauer |
2013-06-12 | House | Added Co-Sponsor Rep. Michael W. Tryon |
2013-06-12 | House | Chief Co-Sponsor Rep. Adam Brown |
2013-06-12 | House | Filed with the Clerk by Rep. Tom Cross |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
35 | 5 | 201 | Amended Code | Citation Text |
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3640&GAID=12&DocTypeID=HB&SessionID=85&GA=98 |
Text | https://www.ilga.gov/legislation/98/HB/09800HB3640.htm |