HB 4341 Illinois House · 103rd Regular Session

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 in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 4, 2024 Last action Jan 16, 2024
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Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
1
Jan 16, 2024
Committee
Referred to Rules Committee
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Curtis Tarver
Curtis Tarver
DDemocratic
IL
25