Bill Title: Amends the Illinois Income Tax Act. Creates a deduction in an amount equal to the amount paid by an individual taxpayer during the taxable year for unreimbursed expenses related to tuition, fees, and on-campus room and board at any college, university, or community college. Provides that the taxpayer is entitled to the deduction if the taxpayer is (i) a student at the college, university, or community college during the taxable year, or (ii) the parent or legal guardian of a student at the college, university, or community college. Exempts the deduction from the sunset provisions. Effective immediately.
Spectrum: Partisan Bill (Republican 6-0)
Status: (Introduced - Dead) 2009-04-02 - Added as Co-Sponsor Sen. Bill Brady
[SB0086 Detail]
Bill Drafts
Revision | Date | Format | Source | View |
Introduced | Not Avail | HTML/Text | Link | View |
Amendments
Amendment | Date | Disposition | Format | Source | View |
No bill amendments currently on file for Illinois SB0086 |
Supplemental Documents
Title | Description | Date | Format | Source | View |
No supplemental documents for Illinois SB0086 currently on file. |
Social Comments on IL SB0086