Bill Title: Amends the Illinois Income Tax Act. Creates a deduction in an amount equal to the amount contributed by taxpayer during the taxable year to an ABLE account. Provides that the deduction shall not exceed $10,000 per taxpayer in any taxable year. Provides that the deduction is exempt from the Act's automatic sunset provision. Effective immediately.

Spectrum: Slight Partisan Bill (Democrat 9-4)

Status: (Failed) 2019-01-09 - Session Sine Die [SB2017 Detail]

Text: Latest bill text (Engrossed) [HTML]

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Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Senator Dan McConchie [R]	Primary	Sponsored Bills	SD-026	FollowTheMoney	Ballotpedia	VoteSmart
Senator Pamela Althoff [R]	Cosponsor	Sponsored Bills	SD-032	FollowTheMoney	Ballotpedia	VoteSmart
Senator Toi Hutchinson [D]	Cosponsor	Sponsored Bills	SD-040	FollowTheMoney	Ballotpedia	VoteSmart
Senator Scott Bennett [D]	Cosponsor	Sponsored Bills	SD-052	FollowTheMoney	Ballotpedia	VoteSmart
Senator Tom Rooney [R]	Cosponsor	Sponsored Bills	SD-027	FollowTheMoney	Ballotpedia	VoteSmart
Senator Ira Silverstein [D]	Cosponsor	Sponsored Bills	SD-008	FollowTheMoney	Ballotpedia	VoteSmart
Senator Michael Connelly [R]	Cosponsor	Sponsored Bills	SD-021	FollowTheMoney	Ballotpedia	VoteSmart
Senator Jennifer Bertino-Tarrant [D]	Cosponsor	Sponsored Bills	SD-049	FollowTheMoney	Ballotpedia	VoteSmart
Senator Julie Morrison [D]	Cosponsor	Sponsored Bills	SD-029	FollowTheMoney	Ballotpedia	VoteSmart
Representative Natalie Manley [D]	Primary	Sponsored Bills	HD-098	FollowTheMoney	Ballotpedia	VoteSmart
Representative Deborah Conroy [D]	Cosponsor	Sponsored Bills	HD-046	FollowTheMoney	Ballotpedia	VoteSmart
Representative Katie Stuart [D]	Cosponsor	Sponsored Bills	HD-112	FollowTheMoney	Ballotpedia	VoteSmart
Representative Sam Yingling [D]	Cosponsor	Sponsored Bills	HD-062	FollowTheMoney	Ballotpedia	VoteSmart

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