TREASURER-HIGHER EDUCATION
Summary
Amends the State Treasurer Act. Provides that the State Treasurer shall establish and administer the Invest in Illinois Higher Education Program for the purposes of expanding access to higher education through scholarships awarded from the Invest in Illinois Higher Education Fund. Amends the State Finance Act. Creates the Invest in Illinois Higher Education Fund. Amends the Illinois Income Tax Act. Creates an income tax credit in an amount equal to any donations made by the taxpayer to the Invest in Illinois Higher Education Fund. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Dec 2021
Committee Review
Floor Vote
Governor
Introduced Dec 28, 2021
Last action Jan 10, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
7
Key actions
1
Committee
4
Feb 18, 2022
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Feb 3, 2022
Lower · Passed
To Income Tax Subcommittee
lower
Jan 25, 2022
Committee
Assigned to Revenue & Finance Committee
lower
Jan 5, 2022
Committee
Referred to Rules Committee
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Curtis Tarver
DDemocratic
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