Bill Status of HB 2568   103rd General Assembly


Short Description:  INC TX-STUDENT LOAN REPAYMENT

House Sponsors
Rep. Katie Stuart

Last Action  View All Actions

DateChamber Action
  3/10/2023HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
35 ILCS 5/203from Ch. 120, par. 2-203

Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates an income tax deduction for any amounts paid by the taxpayer's employer on behalf of the taxpayer as part of an educational assistance program. Creates an income tax deduction for any amounts paid by the taxpayer on behalf of an employee of the taxpayer as part of an educational assistance program. Provides that the deductions are limited to the first $5,250 of assistance furnished to any individual. Effective immediately.

Actions 
DateChamber Action
  2/15/2023HouseFiled with the Clerk by Rep. Katie Stuart
  2/15/2023HouseFirst Reading
  2/15/2023HouseReferred to Rules Committee
  2/21/2023HouseAssigned to Revenue & Finance Committee
  2/23/2023HouseTo Revenue-Income Tax Subcommittee
  3/10/2023HouseRule 19(a) / Re-referred to Rules Committee

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