Bill Status of HB4996  103rd General Assembly


Short Description:  INC TX-EDUCATION EXPENSE

House Sponsors
Rep. Ryan Spain

Last Action
DateChamber Action
  2/8/2024HouseReferred 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 
DateChamber Action
  2/7/2024HouseFiled with the Clerk by Rep. Ryan Spain
  2/8/2024HouseFirst Reading
  2/8/2024HouseReferred to Rules Committee