Bill Title: Amends the Illinois Income Tax Act. Creates a deduction for an amount equal to the amount included in the taxpayer's federal adjusted gross income that is attributable to student loan repayment assistance received by the taxpayer during the taxable year from a qualified community foundation if the taxpayer is a qualified worker. Effective immediately.

Spectrum: Strong Partisan Bill (Democrat 12-1)

Status: (Introduced) 2024-05-09 - Added as Co-Sponsor Sen. Natalie Toro [SB3273 Detail]

Text: Latest bill text (Introduced) [HTML]

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Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Senator Celina Villanueva [D]	Primary	Sponsored Bills	SD-012	FollowTheMoney	Ballotpedia	VoteSmart
Senator Paul Faraci [D]	Cosponsor	Sponsored Bills	SD-052	FollowTheMoney	N/A	N/A
Senator Michael Halpin [D]	Cosponsor	Sponsored Bills	SD-036	FollowTheMoney	Ballotpedia	VoteSmart
Senator Cristina Castro [D]	Cosponsor	Sponsored Bills	SD-022	FollowTheMoney	Ballotpedia	VoteSmart
Senator Adriane Johnson [D]	Cosponsor	Sponsored Bills	SD-030	N/A	Ballotpedia	VoteSmart
Senator Sally Turner [R]	Cosponsor	Sponsored Bills	SD-044	FollowTheMoney	Ballotpedia	VoteSmart
Senator Karina Villa [D]	Cosponsor	Sponsored Bills	SD-025	FollowTheMoney	Ballotpedia	VoteSmart
Senator Ram Villivalam [D]	Cosponsor	Sponsored Bills	SD-008	FollowTheMoney	Ballotpedia	VoteSmart
Senator William Cunningham [D]	Cosponsor	Sponsored Bills	SD-018	FollowTheMoney	Ballotpedia	VoteSmart
Senator David Koehler [D]	Cosponsor	Sponsored Bills	SD-046	FollowTheMoney	Ballotpedia	VoteSmart
Senator Mary Edly-Allen [D]	Cosponsor	Sponsored Bills	SD-031	FollowTheMoney	Ballotpedia	VoteSmart
Senator Lakesia Collins [D]	Cosponsor	Sponsored Bills	SD-005	FollowTheMoney	Ballotpedia	VoteSmart
Senator Natalie Toro [D]	Cosponsor	Sponsored Bills	SD-020	N/A	Ballotpedia	VoteSmart

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