Bill Title: Amends the Invest in Kids Act. Provides that, for taxable years beginning on or after January 1, 2023, the credit shall be equal to 100% (rather than 75%) of the total amount of qualified contributions made by the taxpayer during the taxable year, not to exceed a credit of $1,000,000 per taxpayer. Effective immediately.
Spectrum: Moderate Partisan Bill (Republican 6-1)
Status: (Introduced) 2023-10-04 - Added Co-Sponsor Rep. Michael J. Coffey, Jr.
[HB1257 Detail]
Bill Drafts
| Revision | Date | Format | Source | View |
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| Introduced | 2023-01-18 | HTML/Text | Link | View |
Amendments
Supplemental Documents
| Title | Description | Date | Format | Source | View |
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| No supplemental documents for Illinois HB1257 currently on file. |
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