IL SB2053 | 2021-2022 | 102nd General Assembly
Status
Spectrum: Partisan Bill (Democrat 11-0)
Status: Introduced on February 26 2021 - 25% progression, died in committee
Action: 2021-04-23 - Added as Co-Sponsor Sen. Laura Fine
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 26 2021 - 25% progression, died in committee
Action: 2021-04-23 - Added as Co-Sponsor Sen. Laura Fine
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Illinois Income Tax Act. Provides that each qualified teacher is entitled to an income tax credit in an aggregate amount equal to 50% of the tuition costs incurred by that teacher at a public university in the State. Provides that each qualified teacher may take no more than 20% of his or her aggregate credit amount in any taxable year. Provides that the term "qualified teacher" means an individual who (i) graduated from a public university in the State, (ii) is employed as a teacher in this State during the taxable year, and (iii) has been employed as a teacher in the State for at least 5 consecutive years as of the first day of the taxable year. Effective immediately.
Title
INCOME TAX-EDUCATION CREDIT
Sponsors
History
Date | Chamber | Action |
---|---|---|
2021-04-23 | Senate | Added as Co-Sponsor Sen. Laura Fine |
2021-04-23 | Senate | Added as Co-Sponsor Sen. Christopher Belt |
2021-04-22 | Senate | Added as Co-Sponsor Sen. Karina Villa |
2021-04-22 | Senate | Added as Co-Sponsor Sen. Celina Villanueva |
2021-04-22 | Senate | Added as Co-Sponsor Sen. Mattie Hunter |
2021-04-21 | Senate | Added as Co-Sponsor Sen. Elgie R. Sims, Jr. |
2021-04-21 | Senate | Added as Co-Sponsor Sen. Meg Loughran Cappel |
2021-04-21 | Senate | Added as Co-Sponsor Sen. Robert F. Martwick |
2021-04-21 | Senate | Added as Co-Sponsor Sen. Michael E. Hastings |
2021-04-21 | Senate | Added as Chief Co-Sponsor Sen. John Connor |
2021-04-16 | Senate | Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments |
2021-04-16 | Senate | Rule 3-9(a) / Re-referred to Assignments |
2021-03-24 | Senate | To Credits, Deductions, and Exemptions |
2021-03-23 | Senate | Senate Committee Amendment No. 1 Assignments Refers to Revenue |
2021-03-19 | Senate | Senate Committee Amendment No. 1 Referred to Assignments |
2021-03-19 | Senate | Senate Committee Amendment No. 1 Filed with Secretary by Sen. Omar Aquino |
2021-03-16 | Senate | Assigned to Revenue |
2021-02-26 | Senate | Referred to Assignments |
2021-02-26 | Senate | First Reading |
2021-02-26 | Senate | Filed with Secretary by Sen. Omar Aquino |