Bill Title: 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. Effective immediately.

Spectrum: Partisan Bill (Democrat 8-0)

Status: (Failed) 2021-01-13 - Session Sine Die [SB1512 Detail]

Text: Latest bill text (Introduced) [HTML]

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