INC TX-STUDENT ASSISTANCE
Summary
Amends the Illinois Income Tax Act. Provides that the credit for student-assistance contributions sunsets on December 31, 2031 (currently, December 30, 2021). Provides that, for taxable years ending on or after December 31, 2021, the maximum student-assistance credit is $1,000 per contributing employee per taxable year (currently, $500). Effective immediately. House Floor Amendment No. 1 Makes changes to the engrossed bill to provide that the credit for student-assistance contributions sunsets on December 31, 2024 (currently, December 30, 2021; in the engrossed bill, December 31, 2031). Removes provisions increasing the maximum student-assistance credit to $1,000 per contributing employee.
Bill status
signed
all 5 stages cleared
Introduction
Apr 2021
Committee Review
May 2021
Senate Passage
May 2021
House Passage
May 2021
Signed into Law
Aug 2021
Introduced Apr 26, 2021
Signed Aug 6, 2021
Floor votes · Senate May 30, 2021 · House May 20, 2021
How they voted
54–0
Passed
Total votes 54
May 30, 2021
D
Democratic36
100% Yea
R
Republican18
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
37
Key actions
8
Committee
10
Amendments
6
Aug 6, 2021
Signed into law
Governor Approved
upper
May 30, 2021
Upper · Passed
Passed Both Houses
upper
May 30, 2021
Introduced
House Floor Amendment No. 1 Senate Concurs 059-000-000
upper
May 27, 2021
Introduced
House Floor Amendment No. 1 Motion To Concur Recommended Do Adopt Revenue; 010-000-000
upper
May 25, 2021
Committee
House Floor Amendment No. 1 Motion to Concur Assignments Referred to Revenue
upper
May 25, 2021
Committee
House Floor Amendment No. 1 Motion to Concur Referred to Assignments
upper
May 21, 2021
Introduced
Placed on Calendar Order of Concurrence House Amendment(s) 1 - May 24, 2021
upper
May 21, 2021
Introduced
Secretary's Desk - Concurrence House Amendment(s) 1
upper
May 20, 2021
Lower · Passed
Third Reading - Short Debate - Passed 117-000-000
lower
May 19, 2021
Lower · Passed
House Floor Amendment No. 1 Adopted
lower
May 18, 2021
Lower · Passed
House Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 003-001-000
lower
May 14, 2021
Committee
House Floor Amendment No. 1 Referred to Rules Committee
lower
May 14, 2021
Introduced
House Floor Amendment No. 1 Filed with Clerk by Rep. Lindsey LaPointe
lower
May 13, 2021
Lower · Passed
Do Pass / Short Debate Revenue & Finance Committee; 018-000-000
lower
May 4, 2021
Committee
Assigned to Revenue & Finance Committee
lower
Apr 27, 2021
Committee
Referred to Rules Committee
lower
Apr 26, 2021
Introduced
Arrived in House
lower
Apr 23, 2021
Upper · Passed
Third Reading - Passed; 058-000-000
upper
Apr 15, 2021
Upper · Passed
Do Pass Revenue; 008-000-000
upper
Mar 3, 2021
Committee
Assigned to Revenue
upper
Feb 19, 2021
Committee
Referred to Assignments
upper
2 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
P
Lindsey LaPointe
DDemocratic
P
Mattie Hunter
DDemocratic
Co
Chapin Rose
RRepublican
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