Illinois General Assembly - Bill Status for SB2707

Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates an income tax credit for an individual taxpayer who is a medical professional in a community-based practice who serves without compensation as a preceptor for at least one student from a qualifying institution in Illinois and provides clinical instruction for students from a non-Illinois based program for compensation in the same tax year. Provides that the credit shall be $200 per qualifying student per week, but not to exceed $9,600 per taxpayer in any tax year. Effective immediately.

Actions

Date	Chamber	Action
1/10/2024	Senate	Filed with Secretary by Sen. Dan McConchie
1/10/2024	Senate	First Reading
1/10/2024	Senate	Referred to Assignments
1/31/2024	Senate	Assigned to Revenue
3/15/2024	Senate	Rule 3-9(a) / Re-referred to Assignments

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