Illinois Code | Chapter 35 Article 40 Section 65

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ILHB4691Intro
25%
Amends the Illinois Income Tax Act and the Invest in Kids Act. Provides that the Invest in Kids credit applies for taxable years ending before January 1, 2035 (currently, January 1, 2024). Effective immediately.
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2024-03-06
To House Rules Committee
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.
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2024-02-26
To Senate Assignments Committee
ILHB4299Intro
25%
Amends the Invest in Kids Act. Provides that the credit under the Act is available for tax years ending before January 1, 2029 (currently, January 1, 2024). Effective immediately.
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2024-01-16
To House Rules Committee
ILHB4194Intro
25%
Amends the Invest in Kids Act. Provides that a taxpayer may take a credit under the Act for tax years ending before January 1, 2029 (currently January 1, 2024). Provides that, beginning in calendar year 2024, the aggregate amount of credits the Depar...
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2023-10-25
To House Rules Committee
ILHB4105Intro
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, 2023). Effective immediately.
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2023-10-18
To House Rules 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...
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2023-10-16
To Senate Assignments Committee
ILHB3537Intro
25%
Amends the Illinois Income Tax Act and the Invest in Kids Act. Provides that the Invest in Kids credit applies for taxable years ending before January 1, 2034 (currently, January 1, 2024). Effective immediately.
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2023-10-04
To House Rules Committee
ILHB1642Intro
25%
Amends the Invest in Kids Act. Provides that the credit shall be equal to 100% (rather than 75%) of the total amount of qualified contributions made by the taxpayer during a taxable year, not to exceed a credit of $1,333,333 (rather than $1,000,000) ...
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2023-05-18
To House Rules Committee
ILHB3430Intro
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, 2023). Effective immediately.
[Detail][Text][Discuss]
2023-03-10
To House Rules Committee
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
ILSB0224Intro
25%
Amends the Invest in Kids Act. Provides that no credit may be taken under the Act for a contribution made on or after June 30, 2023. Effective immediately.
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2023-01-31
To Senate Assignments Committee
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