Illinois General Assembly - Bill Status for HB4307
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 Bill Status of HB4307  102nd General Assembly


Short Description:  TREASURER-HIGHER EDUCATION

House Sponsors
Rep. Curtis J. Tarver, II

Last Action
DateChamber Action
  2/18/2022HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
15 ILCS 505/16.11 new
35 ILCS 5/232 new
30 ILCS 105/5.970 new


Synopsis As Introduced
Amends the State Treasurer Act. Provides that the State Treasurer shall establish and administer the Invest in Illinois Higher Education Program for the purposes of expanding access to higher education through scholarships awarded from the Invest in Illinois Higher Education Fund. Amends the State Finance Act. Creates the Invest in Illinois Higher Education Fund. Amends the Illinois Income Tax Act. Creates an income tax credit in an amount equal to any donations made by the taxpayer to the Invest in Illinois Higher Education Fund. Effective immediately.

Actions 
DateChamber Action
  12/28/2021HouseFiled with the Clerk by Rep. Curtis J. Tarver, II
  1/5/2022HouseFirst Reading
  1/5/2022HouseReferred to Rules Committee
  1/25/2022HouseAssigned to Revenue & Finance Committee
  2/3/2022HouseTo Income Tax Subcommittee
  2/18/2022HouseRule 19(a) / Re-referred to Rules Committee

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