Illinois General Assembly - Bill Status for SB2441
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 Bill Status of SB2441  99th General Assembly


Short Description:  INC TX-STUDENT ASSISTANCE

Senate Sponsors
Sen. Jennifer Bertino-Tarrant - Scott M. Bennett - Toi W. Hutchinson and Thomas Cullerton

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

Statutes Amended In Order of Appearance
35 ILCS 5/218


Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that the credit for student assistance contributions sunsets on December 30, 2025 (instead of December 30, 2020). Provides that the credit for student-assistance contributions may not exceed $1,000 (currently, $500) per contributing employee per taxable year.

Actions 
DateChamber Action
  2/9/2016SenateFiled with Secretary by Sen. Jennifer Bertino-Tarrant
  2/9/2016SenateFirst Reading
  2/9/2016SenateReferred to Assignments
  2/10/2016SenateAdded as Chief Co-Sponsor Sen. Scott M. Bennett
  2/17/2016SenateAssigned to Revenue
  3/8/2016SenateAdded as Co-Sponsor Sen. Thomas Cullerton
  3/9/2016SenateAdded as Chief Co-Sponsor Sen. Toi W. Hutchinson
  3/10/2016SenateTo Subcommittee on Tax Credits
  4/8/2016SenateRule 3-9(a) / Re-referred to Assignments
  1/10/2017SenateSession Sine Die

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