IL SB3774 | 2021-2022 | 102nd General Assembly
Status
Spectrum: Partisan Bill (Democrat 18-0)
Status: Introduced on January 21 2022 - 25% progression, died in committee
Action: 2022-05-10 - Pursuant to Senate Rule 3-9(b) / Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 21 2022 - 25% progression, died in committee
Action: 2022-05-10 - Pursuant to Senate Rule 3-9(b) / Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Illinois Income Tax Act. Provides that the earned income tax credit shall be: (i) 20% of the federal tax credit for each taxable year beginning on or after January 1, 2023 and prior to January 1, 2024; (ii) 22% of the federal tax credit for each taxable year beginning on or after January 1, 2024 and prior to January 1, 2025; and (iii) 25% of the federal tax credit for each taxable year beginning on or after January 1 2025. Provides that the earned income tax credit is available to persons who have attained the age of 18 but have not yet attained the age of 25 and to persons who are 65 years of age or older, without regard to any age requirements that would otherwise apply to individuals without a qualifying child under federal Internal Revenue Code. Extends the earned income tax credit to individuals filing a return using an individual taxpayer identification number (ITIN). Creates a credit for child dependent tax credit that shall be not less than $600 when combined with the taxpayer's earned income tax credit. Effective immediately.
Title
INC TX-EARNED INCOME-AGE
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2022-05-10 | Senate | Pursuant to Senate Rule 3-9(b) / Referred to Assignments |
| 2022-04-01 | Senate | Added as Co-Sponsor Sen. Adriane Johnson |
| 2022-03-29 | Senate | Added as Co-Sponsor Sen. Kimberly A. Lightford |
| 2022-03-25 | Senate | Rule 2-10 Committee/3rd Reading Deadline Established As April 8, 2022 |
| 2022-03-11 | Senate | Rule 2-10 Committee/3rd Reading Deadline Established As March 25, 2022 |
| 2022-02-25 | Senate | Rule 2-10 Committee/3rd Reading Deadline Established As March 11, 2022 |
| 2022-02-18 | Senate | Rule 2-10 Committee Deadline Established As February 25, 2022 |
| 2022-02-16 | Senate | Added as Co-Sponsor Sen. Christopher Belt |
| 2022-02-16 | Senate | Added as Co-Sponsor Sen. Melinda Bush |
| 2022-02-16 | Senate | Added as Co-Sponsor Sen. Laura Fine |
| 2022-02-16 | Senate | Added as Co-Sponsor Sen. Celina Villanueva |
| 2022-02-16 | Senate | Added as Co-Sponsor Sen. Sara Feigenholtz |
| 2022-02-16 | Senate | Added as Co-Sponsor Sen. Ann Gillespie |
| 2022-02-16 | Senate | Added as Co-Sponsor Sen. Cristina H. Pacione-Zayas |
| 2022-02-10 | Senate | Rule 2-10 Committee Deadline Established As February 18, 2022 |
| 2022-02-10 | Senate | Added as Chief Co-Sponsor Sen. Jacqueline Y. Collins |
| 2022-02-10 | Senate | Added as Chief Co-Sponsor Sen. Ram Villivalam |
| 2022-02-10 | Senate | Added as Chief Co-Sponsor Sen. Laura Ellman |
| 2022-02-10 | Senate | Added as Chief Co-Sponsor Sen. David Koehler |
| 2022-02-03 | Senate | Added as Co-Sponsor Sen. Mike Simmons |
| 2022-02-01 | Senate | Added as Co-Sponsor Sen. Karina Villa |
| 2022-02-01 | Senate | Assigned to Appropriations |
| 2022-01-31 | Senate | Added as Co-Sponsor Sen. Robert Peters |
| 2022-01-27 | Senate | Added as Co-Sponsor Sen. Mattie Hunter |
| 2022-01-21 | Senate | Referred to Assignments |
| 2022-01-21 | Senate | First Reading |
| 2022-01-21 | Senate | Filed with Secretary by Sen. Omar Aquino |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 35 | 5 | 212 | Amended Code | Citation Text |
| 35 | 5 | 232 | New Code | See Bill Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3774&GAID=16&DocTypeID=SB&SessionID=110&GA=102 |
| Text | https://www.ilga.gov/legislation/102/SB/10200SB3774.htm |
