Bill Text: IL HB3910 | 2023-2024 | 103rd General Assembly | Introduced
Bill Title: Amends the Illinois Income Tax Act. Creates a credit for public school fees and contributions. Sets forth purposes for which those fees and contributions may be used. Provides that the credit may not exceed $200 for each individual taxpayer or $400 for a married couple filing jointly. Effective immediately.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced) 2023-03-10 - Rule 19(a) / Re-referred to Rules Committee [HB3910 Detail]
Download: Illinois-2023-HB3910-Introduced.html
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| 1 | AN ACT concerning revenue.
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| 2 | Be it enacted by the People of the State of Illinois,
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| 3 | represented in the General Assembly:
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| 4 | Section 5. The Illinois Income Tax Act is amended by | |||||||||||||||||||
| 5 | adding Section 234 as follows:
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| 6 | (35 ILCS 5/234 new) | |||||||||||||||||||
| 7 | Sec. 234. Credit for public school fees and contributions. | |||||||||||||||||||
| 8 | (a) For taxable years beginning on or after January 1, | |||||||||||||||||||
| 9 | 2024, a credit is allowed against the taxes imposed by | |||||||||||||||||||
| 10 | subsections (a) and (b) of Section 201 in an amount equal to | |||||||||||||||||||
| 11 | the amount of any fees paid or cash contributions made by a | |||||||||||||||||||
| 12 | taxpayer or on the taxpayer's behalf during the taxable year | |||||||||||||||||||
| 13 | to a public school located in this State for the following | |||||||||||||||||||
| 14 | public school purposes: | |||||||||||||||||||
| 15 | (1) Standardized testing for college credit or | |||||||||||||||||||
| 16 | readiness offered by a widely recognized and accepted | |||||||||||||||||||
| 17 | educational testing organization. | |||||||||||||||||||
| 18 | (2) Costs associated with assessments for career and | |||||||||||||||||||
| 19 | technical preparation programs for pupils. | |||||||||||||||||||
| 20 | (3) Preparation courses and materials for standardized | |||||||||||||||||||
| 21 | testing. | |||||||||||||||||||
| 22 | (4) Cardiopulmonary resuscitation training. | |||||||||||||||||||
| 23 | (5) Costs associated with extracurricular activities, | |||||||||||||||||||
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| 1 | including, but not limited to: school band uniforms; | ||||||
| 2 | equipment or uniforms for school-sponsored athletic | ||||||
| 3 | activities; scientific laboratory materials; and in-state | ||||||
| 4 | or out-of-state trips that are solely for school-related | ||||||
| 5 | competitive events, not including any senior trips or | ||||||
| 6 | events that are recreational, solely for amusement, or | ||||||
| 7 | tourist activities. | ||||||
| 8 | (6) Character education programs. | ||||||
| 9 | (7) Community school meal programs. | ||||||
| 10 | (8) Student consumable health care supplies, | ||||||
| 11 | including, but not limited to, tissues, hand wipes, | ||||||
| 12 | bandages and other health care consumables that are | ||||||
| 13 | generally used by children. | ||||||
| 14 | (8) Playground equipment and shade structures for | ||||||
| 15 | playground equipment. | ||||||
| 16 | (b) In any taxable year, the amount of the credit shall not | ||||||
| 17 | exceed: | ||||||
| 18 | (1) $200 for a single individual or a head of | ||||||
| 19 | household; or | ||||||
| 20 | (2) $400 for a married couple filing a joint return. | ||||||
| 21 | Spouses who file separate returns for a taxable year in | ||||||
| 22 | which they could have filed a joint return may each claim only | ||||||
| 23 | one-half of the tax credit that would have been allowed for a | ||||||
| 24 | joint return. | ||||||
| 25 | (c) In no event shall a credit under this Section reduce | ||||||
| 26 | the taxpayer's liability to less than zero. If the amount of | ||||||
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| 1 | the credit exceeds the tax liability for the year, the excess | ||||||
| 2 | may be carried forward and applied to the tax liability of the | ||||||
| 3 | 5 taxable years following the excess credit year. The tax | ||||||
| 4 | credit shall be applied to the earliest year for which there is | ||||||
| 5 | a tax liability. If there are credits for more than one year | ||||||
| 6 | that are available to offset a liability, the earlier credit | ||||||
| 7 | shall be applied first. | ||||||
| 8 | (d) A public school that receives fees or a cash | ||||||
| 9 | contribution that qualifies for a credit under this Section | ||||||
| 10 | shall report to the State Board of Education, in a form | ||||||
| 11 | prescribed by the State Board of Education, by February 28 of | ||||||
| 12 | each year the following information: | ||||||
| 13 | (1) the total number of fee and cash contribution | ||||||
| 14 | payments received during the previous calendar year; | ||||||
| 15 | (2) the total dollar amount of fees and contributions | ||||||
| 16 | received during the previous calendar year; and | ||||||
| 17 | (3) the total dollar amount of fees and contributions | ||||||
| 18 | spent by the school during the previous calendar year, | ||||||
| 19 | categorized by specific standardized testing, preparation | ||||||
| 20 | courses and materials for standardized testing, | ||||||
| 21 | extracurricular activity, or character education program. | ||||||
| 22 | (e) This Section is exempt from the provisions of Section | ||||||
| 23 | 250.
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| 24 | Section 99. Effective date. This Act takes effect upon | ||||||
| 25 | becoming law.
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