Illinois General Assembly - Bill Status for HB0402
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 Bill Status of HB0402  99th General Assembly

Short Description:  INC TX-EDUCATION LOANS

House Sponsors
Rep. Jack D. Franks - Marcus C. Evans, Jr., Martin J. Moylan, Pamela Reaves-Harris, Daniel V. Beiser, Kenneth Dunkin, Natalie A. Manley, Jehan Gordon-Booth, Patrick J. Verschoore, Al Riley and Jay Hoffman

Last Action
DateChamber Action
  1/10/2017HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/203from Ch. 120, par. 2-203

Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates a deduction for individuals, trusts, and estates for certain qualified student loan payments made during the taxable year. Provides that the deduction is excluded from the Act's automatic sunset provisions. Effective immediately.

DateChamber Action
  1/28/2015HouseFiled with the Clerk by Rep. Jack D. Franks
  1/28/2015HouseFirst Reading
  1/28/2015HouseReferred to Rules Committee
  2/6/2015HouseAdded Chief Co-Sponsor Rep. Marcus C. Evans, Jr.
  2/13/2015HouseAssigned to Revenue & Finance Committee
  2/19/2015HouseAdded Co-Sponsor Rep. Martin J. Moylan
  2/20/2015HouseTo Income Tax Subcommittee
  2/27/2015HouseAdded Co-Sponsor Rep. Pamela Reaves-Harris
  3/4/2015HouseAdded Co-Sponsor Rep. Daniel V. Beiser
  3/4/2015HouseAdded Co-Sponsor Rep. Kenneth Dunkin
  3/5/2015HouseAdded Co-Sponsor Rep. Natalie A. Manley
  3/11/2015HouseAdded Co-Sponsor Rep. Jehan Gordon-Booth
  3/18/2015HouseAdded Co-Sponsor Rep. Patrick J. Verschoore
  3/27/2015HouseRule 19(a) / Re-referred to Rules Committee
  2/4/2016HouseAssigned to Revenue & Finance Committee
  2/4/2016HouseTo Income Tax Subcommittee
  3/18/2016HouseAdded Co-Sponsor Rep. Al Riley
  3/18/2016HouseAdded Co-Sponsor Rep. Jay Hoffman
  4/8/2016HouseRule 19(a) / Re-referred to Rules Committee
  1/10/2017HouseSession Sine Die

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