IL SB1813 | 2025-2026 | 104th General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 6 2025 - 25% progression
Action: 2025-02-18 - Assigned to Revenue
Pending: Senate Revenue Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 6 2025 - 25% progression
Action: 2025-02-18 - Assigned to Revenue
Pending: Senate Revenue Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Illinois Income Tax Act. Provides that the education expense credit shall be 50% of the qualified education expenses incurred by a custodian on behalf of a qualifying pupil. Provides that, for tax years ending on or after December 31, 2025, the education expense credit shall be no more than $2,000 per child for a maximum of $6,000 per family. Provides that no taxpayer may claim an education expense credit if the taxpayer's adjusted gross income exceeds 400% of the federal poverty level. Makes changes concerning the definition of "qualified education expense". Effective immediately.
Title
INC TX-EDUCATION EXPENSE
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2025-02-18 | Senate | Assigned to Revenue |
| 2025-02-06 | Senate | Referred to Assignments |
| 2025-02-06 | Senate | First Reading |
| 2025-02-06 | Senate | Filed with Secretary by Sen. Ram Villivalam |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 35 | 5 | 201 | Amended Code | Citation Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1813&GAID=18&DocTypeID=SB&SessionID=114&GA=104 |
| Text | https://www.ilga.gov/legislation/104/SB/10400SB1813.htm |
