IL SB2441 | 2015-2016 | 99th General Assembly
Status
Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on February 9 2016 - 25% progression, died in committee
Action: 2016-04-08 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 9 2016 - 25% progression, died in committee
Action: 2016-04-08 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Illinois Income Tax Act. Provides that the credit for student assistance contributions sunsets on December 30, 2025 (instead of December 30, 2020). Provides that the credit for student-assistance contributions may not exceed $1,000 (currently, $500) per contributing employee per taxable year.
Title
INC TX-STUDENT ASSISTANCE
Sponsors
| Sen. Jennifer Bertino-Tarrant [D] | Sen. Scott Bennett [D] | Sen. Toi Hutchinson [D] | Sen. Thomas Cullerton [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2016-04-08 | Senate | Rule 3-9(a) / Re-referred to Assignments |
| 2016-03-10 | Senate | To Subcommittee on Tax Credits |
| 2016-03-09 | Senate | Added as Chief Co-Sponsor Sen. Toi W. Hutchinson |
| 2016-03-08 | Senate | Added as Co-Sponsor Sen. Thomas Cullerton |
| 2016-02-17 | Senate | Assigned to Revenue |
| 2016-02-10 | Senate | Added as Chief Co-Sponsor Sen. Scott M. Bennett |
| 2016-02-09 | Senate | Referred to Assignments |
| 2016-02-09 | Senate | First Reading |
| 2016-02-09 | Senate | Filed with Secretary by Sen. Jennifer Bertino-Tarrant |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 35 | 5 | 218 | Amended Code | Citation Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2441&GAID=13&DocTypeID=SB&SessionID=88&GA=99 |
| Text | https://www.ilga.gov/legislation/99/SB/09900SB2441.htm |
