IL SB2017 | 2017-2018 | 100th General Assembly
Status
Completed Legislative Action
Spectrum: Slight Partisan Bill (Democrat 9-4)
Status: Failed on January 9 2019 - 100% progression
Action: 2019-01-09 - Session Sine Die
Text: Latest bill text (Engrossed) [HTML]
Spectrum: Slight Partisan Bill (Democrat 9-4)
Status: Failed on January 9 2019 - 100% progression
Action: 2019-01-09 - Session Sine Die
Text: Latest bill text (Engrossed) [HTML]
Summary
Amends the Illinois Income Tax Act. Creates a deduction in an amount equal to the amount contributed by taxpayer during the taxable year to an ABLE account. Provides that the deduction shall not exceed $10,000 per taxpayer in any taxable year. Provides that the deduction is exempt from the Act's automatic sunset provision. Effective immediately.
Title
INC TX-ABLE CONTRIBUTIONS
Sponsors
Roll Calls
2018-04-26 - Senate - Third Reading in Senate (Y: 51 N: 0 NV: 8 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2019-01-09 | Senate | Session Sine Die |
| 2018-05-31 | House | Rule 19(a) / Re-referred to Rules Committee |
| 2018-05-25 | House | Final Action Deadline Extended-9(b) May 31, 2018 |
| 2018-05-18 | House | Final Action Deadline Extended-9(b) May 25, 2018 |
| 2018-05-18 | House | Assigned to Executive Committee |
| 2018-05-01 | House | Added Alternate Co-Sponsor Rep. Sam Yingling |
| 2018-05-01 | House | Added Alternate Co-Sponsor Rep. Katie Stuart |
| 2018-05-01 | House | Added Alternate Co-Sponsor Rep. Deb Conroy |
| 2018-04-26 | House | Referred to Rules Committee |
| 2018-04-26 | House | First Reading |
| 2018-04-26 | House | Chief House Sponsor Rep. Natalie A. Manley |
| 2018-04-26 | House | Arrived in House |
| 2018-04-26 | Senate | Added as Co-Sponsor Sen. Julie A. Morrison |
| 2018-04-26 | Senate | Added as Co-Sponsor Sen. Jennifer Bertino-Tarrant |
| 2018-04-26 | Senate | Added as Co-Sponsor Sen. Michael Connelly |
| 2018-04-26 | Senate | Third Reading - Passed; 051-000-000 |
| 2018-04-26 | Senate | Added as Chief Co-Sponsor Sen. Tom Rooney |
| 2018-04-25 | Senate | Placed on Calendar Order of 3rd Reading April 26, 2018 |
| 2018-04-25 | Senate | Second Reading |
| 2018-04-25 | Senate | Placed on Calendar Order of 2nd Reading |
| 2018-04-25 | Senate | Do Pass Revenue; 006-000-000 |
| 2018-04-24 | Senate | Added as Co-Sponsor Sen. Ira I. Silverstein |
| 2018-04-13 | Senate | Rule 2-10 Committee Deadline Established As April 27, 2018 |
| 2018-01-30 | Senate | Re-assigned to Revenue |
| 2017-05-05 | Senate | Rule 3-9(a) / Re-referred to Assignments |
| 2017-04-07 | Senate | Rule 2-10 Committee Deadline Established As May 5, 2017 |
| 2017-04-06 | Senate | Postponed - Revenue |
| 2017-04-05 | Senate | Added as Chief Co-Sponsor Sen. Scott M. Bennett |
| 2017-03-17 | Senate | Rule 2-10 Committee Deadline Established As April 7, 2017 |
| 2017-03-16 | Senate | Postponed - Revenue |
| 2017-03-09 | Senate | Postponed - Revenue |
| 2017-02-28 | Senate | Assigned to Revenue |
| 2017-02-16 | Senate | Added as Chief Co-Sponsor Sen. Toi W. Hutchinson |
| 2017-02-16 | Senate | Added as Chief Co-Sponsor Sen. Pamela J. Althoff |
| 2017-02-10 | Senate | Referred to Assignments |
| 2017-02-10 | Senate | First Reading |
| 2017-02-10 | Senate | Filed with Secretary by Sen. Dan McConchie |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 35 | 5 | 203 | Amended Code | Citation Text |
