IL HB4376 | 2017-2018 | 100th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 7-0)
Status: Failed on January 8 2019 - 100% progression
Action: 2019-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 7-0)
Status: Failed on January 8 2019 - 100% progression
Action: 2019-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the State Treasurer Act. In a Section concerning a college savings pool, provides that moneys may be used for qualified expenses allowed pursuant to Section 529 of the Internal Revenue Code. Provides that, before January 1, 2026, the Treasurer shall allow a rollover of funds contained in a College Savings Pool account into an eligible ABLE account. Effective immediately.
Title
TREASURER-COLLEGE SAVINGS
Sponsors
Rep. Peter Breen [R] | Rep. Margo McDermed [R] | Rep. Allen Skillicorn [R] | Rep. Patricia Bellock [R] |
Rep. Avery Bourne [R] | Rep. Christine Winger [R] | Rep. David McSweeney [R] |
History
Date | Chamber | Action |
---|---|---|
2019-01-08 | House | Session Sine Die |
2018-05-10 | House | Motion Withdrawn Rep. Peter Breen |
2018-04-25 | House | Added Co-Sponsor Rep. David McSweeney |
2018-04-20 | House | Added Co-Sponsor Rep. Christine Winger |
2018-04-13 | House | House Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee |
2018-04-13 | House | Rule 19(a) / Re-referred to Rules Committee |
2018-04-12 | House | Motion to Suspend Rule 21 - Prevailed |
2018-04-12 | House | Motion Filed to Suspend Rule 21 Revenue & Finance Committee; Rep. Barbara Flynn Currie |
2018-04-12 | House | Motion Filed to Discharge Committee Revenue & Finance Committee; Rep. Peter Breen |
2018-04-09 | House | House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee |
2018-04-05 | House | House Committee Amendment No. 1 Referred to Rules Committee |
2018-04-05 | House | House Committee Amendment No. 1 Filed with Clerk by Rep. Peter Breen |
2018-03-01 | House | To Growth, Reform & Fairness Subcommittee |
2018-02-20 | House | Added Co-Sponsor Rep. Avery Bourne |
2018-02-12 | House | Assigned to Revenue & Finance Committee |
2018-02-08 | House | Added Co-Sponsor Rep. Patricia R. Bellock |
2018-02-06 | House | Added Co-Sponsor Rep. Allen Skillicorn |
2018-02-06 | House | Added Co-Sponsor Rep. Margo McDermed |
2018-01-30 | House | Referred to Rules Committee |
2018-01-30 | House | First Reading |
2018-01-30 | House | Filed with the Clerk by Rep. Peter Breen |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
15 | 505 | 16.5 | Amended Code | Citation Text |
15 | 505 | 16.6 | Amended Code | Citation Text |