Date	Chamber	Action
1/10/2017	House	Session Sine Die

Statutes Amended In Order of Appearance

15 ILCS 505/16.6 new

35 ILCS 5/203

from Ch. 120, par. 2-203

Synopsis As Introduced
Amends the State Treasurer Act. Requires the State Treasurer to establish an Achieving a Better Life Experience (ABLE) program, pursuant to Section 529A of the Internal Revenue Code, for the purpose of administering ABLE accounts established to encourage and assist individuals and families in saving private funds for the purpose of supporting individuals with disabilities. Amends the Illinois Income Tax Act. Creates a corresponding deduction for contributions to an ABLE account. Provides for an addition modification in an amount equal to the contribution component of any nonqualified withdrawal or refund from an ABLE account that was previously deducted under the Act.

Actions 

Date	Chamber	Action
2/26/2015	House	Filed with the Clerk by Rep. Patricia R. Bellock
2/26/2015	House	First Reading
2/26/2015	House	Referred to Rules Committee
2/27/2015	House	Added Chief Co-Sponsor Rep. Charles Meier
3/10/2015	House	Assigned to Revenue & Finance Committee
3/13/2015	House	To Income Tax Subcommittee
3/27/2015	House	Rule 19(a) / Re-referred to Rules Committee
1/10/2017	House	Session Sine Die

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