Illinois General Assembly - Bill Status for SB1813

Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that the education expense credit shall be 50% of the qualified education expenses incurred by a custodian on behalf of a qualifying pupil. Provides that, for tax years ending on or after December 31, 2025, the education expense credit shall be no more than $2,000 per child for a maximum of $6,000 per family. Provides that no taxpayer may claim an education expense credit if the taxpayer's adjusted gross income exceeds 400% of the federal poverty level. Makes changes concerning the definition of "qualified education expense". Effective immediately.

Actions

Date	Chamber	Action
2/6/2025	Senate	Filed with Secretary by Sen. Ram Villivalam
2/6/2025	Senate	First Reading
2/6/2025	Senate	Referred to Assignments
2/18/2025	Senate	Assigned to Revenue
3/21/2025	Senate	Rule 2-10 Committee Deadline Established As April 11, 2025

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