IL HB6295 | 2013-2014 | 98th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on December 3 2014 - 100% progression
Action: 2014-12-03 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Democrat 1-0)
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 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
Rep. Jack Franks [D] |
History
Date | Chamber | Action |
---|---|---|
2014-12-03 | House | Session Sine Die |
2014-11-06 | House | Referred to Rules Committee |
2014-11-06 | House | First Reading |
2014-09-04 | House | Filed with the Clerk by Rep. Jack D. Franks |
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=6295&GAID=12&DocTypeID=HB&SessionID=85&GA=98 |
Text | https://www.ilga.gov/legislation/98/HB/09800HB6295.htm |