IL SB0077 | 2009-2010 | 96th General Assembly
Status
Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Passed on August 10 2009 - 100% progression
Action: 2009-08-10 - Public Act . . . . . . . . . 96-0198
Text: Latest bill text (Enrolled) [HTML]
Spectrum: Bipartisan Bill
Status: Passed on August 10 2009 - 100% progression
Action: 2009-08-10 - Public Act . . . . . . . . . 96-0198
Text: Latest bill text (Enrolled) [HTML]
Summary
Amends the Higher Education Student Assistance Act and the Illinois Income Tax Act. Authorizes the Illinois Student Assistance Commission to establish systems and programs to encourage employers to match employee contributions to prepaid programs of college savings by making donations to the Commission for prepaid programs of college savings and its programs of grants and loans to make higher education affordable for all residents of the State and to receive, hold, and disburse all such funds made available through those programs for the purposes for which they are authorized by rule or by law. Creates an income tax credit for employers who, during the taxable year, make a matching donation on behalf of an employee. Provides that the credit is 25% of the matching donation, but not to exceed $500 per employee. Provides that the credit may be carried forward for 3 taxable years. Effective immediately.
Title
INC TAX- COLLEGE SAVINGS PLAN
Sponsors
| Sen. Bill Brady [R] | Sen. James Clayborne [D] | Sen. Dan Duffy [R] | Sen. Linda Holmes [D] |
| Sen. Emil Jones [D] | Sen. Edward Maloney [D] | Sen. Kyle McCarter [R] | Sen. John Millner [R] |
| Sen. Martin Sandoval [D] |
Roll Calls
2009-05-13 - House - Third Reading in House (Y: 115 N: 0 NV: 0 Abs: 0) [PASS]
2009-04-02 - Senate - Third Reading in Senate (Y: 54 N: 0 NV: 0 Abs: 0) [PASS]
2009-04-02 - Senate - Third Reading in Senate (Y: 54 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2009-08-10 | Public Act . . . . . . . . . 96-0198 | |
| 2009-08-10 | Effective Date August 10, 2009 | |
| 2009-08-10 | Governor Approved | |
| 2009-06-11 | Sent to the Governor | |
| 2009-05-13 | Added Alternate Co-Sponsor Rep. Mark H. Beaubien, Jr. | |
| 2009-05-13 | Added Alternate Co-Sponsor Rep. Donald L. Moffitt | |
| 2009-05-13 | Added Alternate Co-Sponsor Rep. Roger L. Eddy | |
| 2009-05-13 | Added Alternate Co-Sponsor Rep. Randy Ramey, Jr. | |
| 2009-05-13 | Added Alternate Co-Sponsor Rep. Franco Coladipietro | |
| 2009-05-13 | Added Alternate Co-Sponsor Rep. Dennis M. Reboletti | |
| 2009-05-13 | Added Alternate Co-Sponsor Rep. Ron Stephens | |
| 2009-05-13 | Added Alternate Co-Sponsor Rep. Rich Brauer | |
| 2009-05-13 | Added Alternate Co-Sponsor Rep. Raymond Poe | |
| 2009-05-13 | Added Alternate Co-Sponsor Rep. Kay Hatcher | |
| 2009-05-13 | Added Alternate Co-Sponsor Rep. Michael G. Connelly | |
| 2009-05-13 | Added Alternate Co-Sponsor Rep. John D. Cavaletto | |
| 2009-05-13 | Added Alternate Co-Sponsor Rep. David Reis | |
| 2009-05-13 | Added Alternate Co-Sponsor Rep. Ronald A. Wait | |
| 2009-05-13 | Added Alternate Co-Sponsor Rep. Darlene J. Senger | |
| 2009-05-13 | Added Alternate Co-Sponsor Rep. Jil Tracy | |
| 2009-05-13 | Added Alternate Co-Sponsor Rep. Michael P. McAuliffe | |
| 2009-05-13 | Added Alternate Co-Sponsor Rep. Bob Biggins | |
| 2009-05-13 | Added Alternate Co-Sponsor Rep. Sandra M. Pihos | |
| 2009-05-13 | Added Alternate Co-Sponsor Rep. Elizabeth Coulson | |
| 2009-05-13 | Added Alternate Co-Sponsor Rep. William B. Black | |
| 2009-05-13 | Added Alternate Co-Sponsor Rep. Sandy Cole | |
| 2009-05-13 | Added Alternate Co-Sponsor Rep. Jack D. Franks | |
| 2009-05-13 | Added Alternate Co-Sponsor Rep. Mike Fortner | |
| 2009-05-13 | Passed Both Houses | |
| 2009-05-13 | Third Reading - Short Debate - Passed 115-000-000 | |
| 2009-05-12 | Placed on Calendar Order of 3rd Reading - Short Debate | |
| 2009-05-12 | Second Reading - Short Debate | |
| 2009-05-11 | Added Alternate Co-Sponsor Rep. Deborah L. Graham | |
| 2009-05-11 | Added Alternate Co-Sponsor Rep. Annazette Collins | |
| 2009-05-11 | Added Alternate Co-Sponsor Rep. David E. Miller | |
| 2009-05-07 | Added Alternate Co-Sponsor Rep. Careen M. Gordon | |
| 2009-05-05 | Added Alternate Co-Sponsor Rep. Emily McAsey | |
| 2009-04-30 | Added Alternate Co-Sponsor Rep. Brandon W. Phelps | |
| 2009-04-30 | Added Alternate Co-Sponsor Rep. Linda Chapa LaVia | |
| 2009-04-30 | Placed on Calendar 2nd Reading - Short Debate | |
| 2009-04-30 | Do Pass / Short Debate Revenue & Finance Committee; 008-000-000 | |
| 2009-04-30 | Added Alternate Co-Sponsor Rep. Jehan A. Gordon | |
| 2009-04-29 | Added Alternate Co-Sponsor Rep. Chapin Rose | |
| 2009-04-29 | Added Alternate Co-Sponsor Rep. Michael K. Smith | |
| 2009-04-29 | Added Alternate Co-Sponsor Rep. Daniel V. Beiser | |
| 2009-04-29 | Added Alternate Co-Sponsor Rep. Edward J. Acevedo | |
| 2009-04-29 | Added Alternate Chief Co-Sponsor Rep. William Davis | |
| 2009-04-29 | Alternate Chief Co-Sponsor Removed Rep. Edward J. Acevedo | |
| 2009-04-29 | Alternate Co-Sponsor Removed Rep. William Davis | |
| 2009-04-29 | Added Alternate Co-Sponsor Rep. Keith Farnham | |
| 2009-04-29 | Added Alternate Co-Sponsor Rep. Elizabeth Hernandez | |
| 2009-04-29 | Added Alternate Co-Sponsor Rep. William Davis | |
| 2009-04-28 | Added Alternate Co-Sponsor Rep. Michael J. Zalewski | |
| 2009-04-28 | Added Alternate Chief Co-Sponsor Rep. Dan Reitz | |
| 2009-04-28 | Added Alternate Chief Co-Sponsor Rep. Edward J. Acevedo | |
| 2009-04-28 | Added Alternate Chief Co-Sponsor Rep. Charles E. Jefferson | |
| 2009-04-28 | Added Alternate Chief Co-Sponsor Rep. Mike Bost | |
| 2009-04-23 | Added Alternate Co-Sponsor Rep. Deborah Mell | |
| 2009-04-14 | Assigned to Revenue & Finance Committee | |
| 2009-04-02 | Referred to Rules Committee | |
| 2009-04-02 | First Reading | |
| 2009-04-02 | Chief House Sponsor Rep. Patrick J. Verschoore | |
| 2009-04-02 | Placed on Calendar Order of First Reading | |
| 2009-04-02 | Arrived in House | |
| 2009-04-02 | Third Reading - Passed; 058-000-000 | |
| 2009-04-02 | Added as Co-Sponsor Sen. Bill Brady | |
| 2009-04-02 | Added as Co-Sponsor Sen. Edward D. Maloney | |
| 2009-04-02 | Added as Co-Sponsor Sen. Martin A. Sandoval | |
| 2009-04-02 | Added as Co-Sponsor Sen. Emil Jones, III | |
| 2009-04-02 | Placed on Calendar Order of 3rd Reading | |
| 2009-04-02 | Senate Floor Amendment No. 2 Adopted; Clayborne | |
| 2009-04-02 | Recalled to Second Reading | |
| 2009-03-31 | Senate Floor Amendment No. 2 Recommend Do Adopt Higher Education; 007-000-000 | |
| 2009-03-31 | Added as Co-Sponsor Sen. Linda Holmes | |
| 2009-03-30 | Senate Floor Amendment No. 2 Assignments Refers to Higher Education | |
| 2009-03-25 | Senate Floor Amendment No. 2 Referred to Assignments | |
| 2009-03-25 | Senate Floor Amendment No. 2 Filed with Secretary by Sen. James F. Clayborne, Jr. | |
| 2009-03-06 | Added as Co-Sponsor Sen. John J. Millner | |
| 2009-02-27 | Added as Chief Co-Sponsor Sen. Kyle McCarter | |
| 2009-02-27 | Placed on Calendar Order of 3rd Reading March 4, 2009 | |
| 2009-02-27 | Second Reading | |
| 2009-02-19 | Placed on Calendar Order of 2nd Reading February 20, 2009 | |
| 2009-02-19 | Do Pass as Amended Higher Education; 010-000-000 | |
| 2009-02-18 | Senate Committee Amendment No. 1 Adopted | |
| 2009-02-18 | Added as Co-Sponsor Sen. Dan Duffy | |
| 2009-02-18 | Senate Committee Amendment No. 1 Assignments Refers to Higher Education | |
| 2009-02-17 | Senate Committee Amendment No. 1 Referred to Assignments | |
| 2009-02-17 | Senate Committee Amendment No. 1 Filed with Secretary by Sen. James F. Clayborne, Jr. | |
| 2009-02-04 | Assigned to Higher Education | |
| 2009-01-30 | Referred to Assignments | |
| 2009-01-30 | First Reading | |
| 2009-01-30 | Filed with Secretary by Sen. James F. Clayborne, Jr. |
