Bill Status of HB4996
103rd General Assembly
Short Description:
INC TX-EDUCATION EXPENSE
House Sponsors
Rep.
Ryan Spain
Last Action
Date
Chamber
Action
2/8/2024
House
Referred to
Rules Committee
Statutes Amended In Order of Appearance
35 ILCS 5/201
Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that, for taxable years ending on or after December 31, 2024, the maximum amount of the education expense credit is $1,500 (currently, $750). Effective immediately.
Actions
Date
Chamber
Action
2/7/2024
House
Filed with the Clerk by
Rep. Ryan Spain
2/8/2024
House
First Reading
2/8/2024
House
Referred to
Rules Committee