HB 4882 Illinois House · 103rd Regular Session

529 COLLEGE SAVINGS POOL

Summary
Amends the State Treasurer Act. In provisions relating to the College Savings Pool established by the State Treasurer pursuant to Section 529 of the Internal Revenue Code, provides that an "eligible educational institution" includes elementary or secondary public, private, or religious schools and "qualified expenses" include expenses, up to $10,000 per taxable year, for tuition in connection with enrollment or attendance at an elementary or secondary public, private, or religious school. Amends the Deposit of State Moneys Act, Illinois Income Tax Act, the Code of Civil Procedure, and the Illinois Marriage and Dissolution of Marriage Act to make conforming changes. Effective immediately.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2024
Committee Review
Floor Vote
Governor
Introduced Feb 6, 2024 Last action Feb 7, 2024
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
1
Feb 7, 2024
Committee
Referred to Rules Committee
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Dennis Tipsword
Dennis Tipsword
RRepublican
IL
105