Illinois Code | Chapter 35 Article 5 Section 225 | Bills

Type

Status

Stance	State	Bill	Status	Summary/Title	Last Action
	IL	HB4463	Intro 25%	Amends the Illinois Income Tax Act. Provides that the maximum amount of the credit for instructional materials and supplies is $5,000 for taxable years beginning on or after January 1, 2024 (currently, $500). Effective immediately. [Detail][Text][Discuss]	2024-04-05 To House Rules Committee
	IL	SB1439	Intro 25%	Amends the Illinois income Tax Act. Provides that, for purposes of the tax credit for instructional materials and supplies, the term "qualified school" also includes public institutions of higher education. Effective immediately. [Detail][Text][Discuss]	2023-03-10 To Senate Assignments Committee