IL SB1444 | 2023-2024 | 103rd General Assembly
Status
Spectrum: Partisan Bill (Democrat 23-0)
Status: Introduced on February 7 2023 - 25% progression
Action: 2024-03-15 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 7 2023 - 25% progression
Action: 2024-03-15 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Illinois Income Tax Act. Creates an income tax credit for dependents of the taxpayer. Provides that the maximum amount of the credit is $700 per qualified dependent of the taxpayer. Provides that the maximum amount shall be reduced by $24 for each $1,000 by which the taxpayer's net income exceeds $75,000 in the case of a joint return or $50,000 in the case of any other form of return. Defines "qualified dependent". Effective immediately.
Title
INC TX-DEPENDENT TAX CREDIT
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-03-15 | Senate | Rule 3-9(a) / Re-referred to Assignments |
| 2024-03-07 | Senate | Added as Co-Sponsor Sen. Omar Aquino |
| 2024-03-05 | Senate | Added as Chief Co-Sponsor Sen. Mattie Hunter |
| 2024-03-04 | Senate | Added as Co-Sponsor Sen. Meg Loughran Cappel |
| 2024-02-22 | Senate | Added as Co-Sponsor Sen. Mike Porfirio |
| 2024-02-22 | Senate | Added as Co-Sponsor Sen. Steve Stadelman |
| 2024-02-22 | Senate | Added as Co-Sponsor Sen. Doris Turner |
| 2024-02-22 | Senate | Added as Co-Sponsor Sen. Sara Feigenholtz |
| 2024-02-20 | Senate | Added as Co-Sponsor Sen. Lakesia Collins |
| 2024-02-20 | Senate | Re-assigned to Revenue |
| 2024-02-09 | Senate | Added as Co-Sponsor Sen. Rachel Ventura |
| 2023-04-26 | Senate | Added as Co-Sponsor Sen. Napoleon Harris, III |
| 2023-04-26 | Senate | Added as Co-Sponsor Sen. Christopher Belt |
| 2023-03-27 | Senate | Added as Chief Co-Sponsor Sen. Cristina H. Pacione-Zayas |
| 2023-03-10 | Senate | Rule 3-9(a) / Re-referred to Assignments |
| 2023-03-09 | Senate | Added as Co-Sponsor Sen. Michael W. Halpin |
| 2023-02-27 | Senate | Added as Co-Sponsor Sen. Laura Fine |
| 2023-02-23 | Senate | Added as Co-Sponsor Sen. Karina Villa |
| 2023-02-22 | Senate | Sponsor Removed Sen. Mattie Hunter |
| 2023-02-22 | Senate | Added as Co-Sponsor Sen. Ann Gillespie |
| 2023-02-22 | Senate | Added as Co-Sponsor Sen. Mattie Hunter |
| 2023-02-15 | Senate | Added as Chief Co-Sponsor Sen. David Koehler |
| 2023-02-14 | Senate | Assigned to Appropriations |
| 2023-02-09 | Senate | Sponsor Removed Sen. Rachel Ventura |
| 2023-02-09 | Senate | Added as Co-Sponsor Sen. Mary Edly-Allen |
| 2023-02-09 | Senate | Added as Co-Sponsor Sen. Rachel Ventura |
| 2023-02-09 | Senate | Added as Co-Sponsor Sen. Robert Peters |
| 2023-02-08 | Senate | Added as Co-Sponsor Sen. Adriane Johnson |
| 2023-02-08 | Senate | Added as Chief Co-Sponsor Sen. Javier L. Cervantes |
| 2023-02-07 | Senate | Added as Co-Sponsor Sen. Willie Preston |
| 2023-02-07 | Senate | Referred to Assignments |
| 2023-02-07 | Senate | First Reading |
| 2023-02-07 | Senate | Filed with Secretary by Sen. Mike Simmons |
Code Citations
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1444&GAID=17&DocTypeID=SB&SessionID=112&GA=103 |
| Text | https://www.ilga.gov/legislation/103/SB/10300SB1444.htm |
