Bill Texts: IL HB3798 | 2019-2020 | 101st General Assembly

Bill Title: Amends the Invest in Kids Act. Provides that no credits may be awarded under the Act for any taxable year that begins in a State fiscal year for which the minimum statutory funding level is not met. Provides that the carry-forward period for those credits shall be suspended for any taxable year that begins in a State fiscal year for which the minimum statutory funding level is not met. Requires the State Board of Education to determine whether or not the State has met the minimum funding level for the fiscal year and to transmit a copy of the determination to the Department of Revenue. Effective immediately.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2019-03-12 - Referred to Rules Committee [HB3798 Detail]

Bill Drafts

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Introduced2019-03-08HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois HB3798

Supplemental Documents

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No supplemental documents for Illinois HB3798 currently on file.

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