Comments: IL SB2053 | 2021-2022 | 102nd General Assembly
Bill Title: 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.
Spectrum: Partisan Bill (Democrat 11-0)
Status: (Introduced - Dead) 2021-04-23 - Added as Co-Sponsor Sen. Laura Fine [SB2053 Detail]
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Democrat 11-0)
Status: (Introduced - Dead) 2021-04-23 - Added as Co-Sponsor Sen. Laura Fine [SB2053 Detail]
Text: Latest bill text (Introduced) [HTML]
PolitiCorps Conversations
Start PolitiCorps DebateTitle | PolitiCorps | Access | Comments | Views | Last Post |
---|---|---|---|---|---|
There are no visible public or private PolitiCorps discussions concerning the 2021 Illinois SB2053 at this time. |