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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Voting Records

Chamber	Vote	Date	Yea	Nay	NV	Abs	Total	Result	Source	View
Senate	Third Reading in Senate	2018-04-26	51	0	8	0	59	Passed	Link	View

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