Illinois General Assembly - Bill Status for HB 2973

Bill Status of HB 2973 101st General Assembly

Short Description: INC TAX-STUDENT LOAN

House Sponsors
Rep. Mark L. Walker, Jonathan Carroll, Karina Villa, Daniel Didech, Sam Yingling, Jennifer Gong-Gershowitz and Jawaharial Williams

Last Action View All Actions

Date Chamber Action
  1/13/2021 House Session Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/229 new

Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that a taxpayer who (i) has an associate's degree, a bachelor's degree, or a graduate degree from an institution of higher education accredited by the U.S. Department of Education, (ii) has annual student loan repayment expenses, and (iii) is employed full-time in the State, or has an offer of full-time employment in the State, in one or more of the specified science and technology fields is eligible for an income tax credit equal to the taxpayer's student loan repayment expenses for the taxable year, but not to exceed a maximum credit limit. Effective immediately.

Actions
Date Chamber Action
  2/14/2019 House Filed with the Clerk by Rep. Mark L. Walker
  2/14/2019 House First Reading
  2/14/2019 House Referred to Rules Committee
  2/26/2019 House Assigned to Revenue & Finance Committee
  3/6/2019 House To Income Tax Subcommittee
  3/7/2019 House Added Co-Sponsor Rep. Jonathan Carroll
  3/7/2019 House Added Co-Sponsor Rep. Karina Villa
  3/7/2019 House Added Co-Sponsor Rep. Daniel Didech
  3/7/2019 House Added Co-Sponsor Rep. Sam Yingling
  3/7/2019 House Added Co-Sponsor Rep. Jennifer Gong-Gershowitz
  3/13/2019 House House Committee Amendment No. 1 Filed with Clerk by Rep. Mark L. Walker
  3/13/2019 House House Committee Amendment No. 1 Referred to Rules Committee
  3/19/2019 House House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
  3/29/2019 House Rule 19(a) / Re-referred to Rules Committee
  3/29/2019 House House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee
  8/5/2019 House Added Co-Sponsor Rep. Jawaharial Williams
  1/28/2020 House Assigned to Revenue & Finance Committee
  1/28/2020 House House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
  2/5/2020 House To Income Tax Subcommittee
  6/23/2020 House Rule 19(b) / Re-referred to Rules Committee
  6/23/2020 House House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee
  1/13/2021 House Session Sine Die

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Date	Chamber	Action
2/14/2019	House	Filed with the Clerk by Rep. Mark L. Walker
2/14/2019	House	First Reading
2/14/2019	House	Referred to Rules Committee
2/26/2019	House	Assigned to Revenue & Finance Committee
3/6/2019	House	To Income Tax Subcommittee
3/7/2019	House	Added Co-Sponsor Rep. Jonathan Carroll
3/7/2019	House	Added Co-Sponsor Rep. Karina Villa
3/7/2019	House	Added Co-Sponsor Rep. Daniel Didech
3/7/2019	House	Added Co-Sponsor Rep. Sam Yingling
3/7/2019	House	Added Co-Sponsor Rep. Jennifer Gong-Gershowitz
3/13/2019	House	House Committee Amendment No. 1 Filed with Clerk by Rep. Mark L. Walker
3/13/2019	House	House Committee Amendment No. 1 Referred to Rules Committee
3/19/2019	House	House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
3/29/2019	House	Rule 19(a) / Re-referred to Rules Committee
3/29/2019	House	House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee
8/5/2019	House	Added Co-Sponsor Rep. Jawaharial Williams
1/28/2020	House	Assigned to Revenue & Finance Committee
1/28/2020	House	House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
2/5/2020	House	To Income Tax Subcommittee
6/23/2020	House	Rule 19(b) / Re-referred to Rules Committee
6/23/2020	House	House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee
1/13/2021	House	Session Sine Die