Date	Chamber	Action
1/9/2007	House	Session Sine Die

Statutes Amended In Order of Appearance

15 ILCS 505/16.5

35 ILCS 5/203

from Ch. 120, par. 2-203

Synopsis As Introduced
Amends the Illinois Income Tax Act. Removes a provision that requires a taxpayer to add to federal adjusted gross income, to arrive at base income for Illinois income tax purposes, distributions from a qualified tuition program under Section 529 of the Internal Revenue Code other than distributions from the College Savings Pool or the Illinois Prepaid Tuition Program to the extent those distributions were excluded from income in arriving at federal adjusted gross income. Amends the State Treasurer Act and further amends the Illinois Income Tax Act to allow an income tax deduction for moneys contributed in the taxable year to the College Savings Pool, the Illinois Prepaid Tuition Program, or to any other qualified tuition program under Section 529 of the Internal Revenue Code (now, a $10,000 maximum deduction is limited to contributions to the College Savings Pool or the Illinois Prepaid Tuition Program). Effective immediately.

Actions 

Date	Chamber	Action
2/24/2005	House	Filed with the Clerk by Rep. Robert Rita
2/24/2005	House	First Reading
2/24/2005	House	Referred to Rules Committee
3/1/2005	House	Assigned to Executive Committee
3/10/2005	House	Rule 19(a) / Re-referred to Rules Committee
1/9/2007	House	Session Sine Die

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