Illinois Code | Chapter 35 Article 5 Section 224 | Senate | Bills

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ILSB3243Intro
25%		Amends the Illinois Income Tax Act and the Invest in Kids Act. Provides that the Invest in Kids credit applies permanently (currently, the credit applies for taxable years ending before January 1, 2024). Effective immediately.
[Detail][Text][Discuss]		2024-02-26
To Senate Assignments Committee
ILSB2149Intro
25%		Amends the Invest in Kids Act. Provides that the Invest in Kids credit applies on a permanent basis. Removes a limitation that the credit may not be taken for any qualified contribution for which the taxpayer claims a federal income tax deduction. Am...
[Detail][Text][Discuss]		2023-10-16
To Senate Assignments Committee
ILSB2047PassAmends the Illinois Income Tax Act. Provides that, if the taxpayer is a partnership or Subchapter S corporation, the credit is allowed to pass through to the partners and shareholders in accordance with the determination of income and distributive sh...
[Detail][Text][Discuss]		2023-07-28
Public Act . . . . . . . . . 103-0396
ILSB1245Intro
25%		Amends the Illinois Income Tax Act and the Invest in Kids Act. Provides that the Invest in Kids credit applies permanently (currently, the credit applies for taxable years ending before January 1, 2024). Effective immediately.
[Detail][Text][Discuss]		2023-02-02
To Senate Assignments Committee
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