IL SB1471 | 2019-2020 | 101st General Assembly
Status
Completed Legislative Action
Spectrum: Moderate Partisan Bill (Democrat 4-1)
Status: Failed on January 13 2021 - 100% progression
Action: 2021-01-13 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Spectrum: Moderate Partisan Bill (Democrat 4-1)
Status: Failed on January 13 2021 - 100% progression
Action: 2021-01-13 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Illinois Income Tax Act. Provides that each eligible student is entitled to a refundable income tax credit in an amount equal to $500. Provides that, if the eligible student may be claimed as a dependent on another taxpayer's return, then the taxpayer claiming the eligible student may claim the credit; however, only one taxpayer may claim the credit for any particular student. Effective immediately.
Title
INC TX-STUDENT CREDIT
Sponsors
| Sen. Jil Tracy [R] | Sen. Julie Morrison [D] | Sen. Scott Bennett [D] | Sen. Elgie Sims [D] |
| Sen. Laura Murphy [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2021-01-13 | Senate | Session Sine Die |
| 2019-03-22 | Senate | Rule 3-9(a) / Re-referred to Assignments |
| 2019-03-07 | Senate | Added as Co-Sponsor Sen. Laura M. Murphy |
| 2019-03-07 | Senate | Added as Co-Sponsor Sen. Elgie R. Sims, Jr. |
| 2019-03-06 | Senate | To Subcommittee on Tax Exemptions and Credits |
| 2019-03-05 | Senate | Added as Chief Co-Sponsor Sen. Julie A. Morrison |
| 2019-03-05 | Senate | Added as Co-Sponsor Sen. Scott M. Bennett |
| 2019-02-20 | Senate | Assigned to Revenue |
| 2019-02-13 | Senate | Referred to Assignments |
| 2019-02-13 | Senate | First Reading |
| 2019-02-13 | Senate | Filed with Secretary by Sen. Jil Tracy |
Code Citations
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1471&GAID=15&DocTypeID=SB&SessionID=108&GA=101 |
| Text | https://www.ilga.gov/legislation/101/SB/10100SB1471.htm |
