IL HB4691 | 2023-2024 | 103rd General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 4-0)
Status: Failed on January 7 2025 - 100% progression
Action: 2025-01-07 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 4-0)
Status: Failed on January 7 2025 - 100% progression
Action: 2025-01-07 - Session Sine Die
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 for taxable years ending before January 1, 2035 (currently, January 1, 2024). Effective immediately.
Title
INVEST IN KIDS-SUNSET
Sponsors
| Rep. Tim Ozinga [R] | Rep. Dan Ugaste [R] | Rep. Joe Sosnowski [R] | Rep. Mike Coffey [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2025-01-07 | House | Session Sine Die |
| 2024-03-06 | House | Added Chief Co-Sponsor Rep. Joe C. Sosnowski |
| 2024-02-26 | House | Added Co-Sponsor Rep. Michael J. Coffey, Jr. |
| 2024-02-09 | House | Added Chief Co-Sponsor Rep. Dan Ugaste |
| 2024-02-06 | House | Referred to Rules Committee |
| 2024-02-06 | House | First Reading |
| 2024-02-01 | House | Filed with the Clerk by Rep. Tim Ozinga |
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=4691&GAID=17&DocTypeID=HB&SessionID=112&GA=103 |
| Text | https://www.ilga.gov/legislation/103/HB/10300HB4691.htm |
