IL SB3243 | 2023-2024 | 103rd General Assembly

Status

Spectrum: Partisan Bill (Republican 7-0)
Status: Introduced on February 6 2024 - 25% progression
Action: 2024-02-26 - Added as Chief Co-Sponsor Sen. Dan McConchie
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Illinois Income Tax Act and the Invest in Kids Act. Provides that the Invest in Kids credit applies permanently (currently, the credit applies for taxable years ending before January 1, 2024). Effective immediately.

Tracking Information

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Title

INVEST IN KIDS-VARIOUS

Sponsors


History

DateChamberAction
2024-02-26SenateAdded as Chief Co-Sponsor Sen. Dan McConchie
2024-02-22SenateAdded as Co-Sponsor Sen. Win Stoller
2024-02-22SenateAdded as Co-Sponsor Sen. John F. Curran
2024-02-22SenateAdded as Co-Sponsor Sen. Donald P. DeWitte
2024-02-22SenateAdded as Co-Sponsor Sen. Andrew S. Chesney
2024-02-16SenateAdded as Chief Co-Sponsor Sen. Jil Tracy
2024-02-06SenateReferred to Assignments
2024-02-06SenateFirst Reading
2024-02-06SenateFiled with Secretary by Sen. Tom Bennett

Code Citations

ChapterArticleSectionCitation TypeStatute Text
354040Amended CodeCitation Text
354065Amended CodeCitation Text
355224Amended CodeCitation Text

Illinois State Sources


Bill Comments

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