HB 3054 Illinois House · 93rd Regular Session

INC TAX-COLLEGE SAVINGS PLANS

Summary

Amends the Illinois Income Tax Act. In provisions requiring individual taxpayers to add distributions from qualified tuition programs other than those administered by the State of Illinois back into adjusted gross income, provides that distributions do not have to be added back if they are from qualified tuition programs that are administered by a state that has passed a law that provides an unlimited state tax deduction for moneys distributed from a qualified tuition program administered by the State of Illinois. In provisions authorizing a deduction for contributions to a College Savings Pool account under the State Treasurer Act, also allows a deduction for contributions to the Illinois Prepaid Tuition Trust Fund. Effective immediately.

Bill status failed 1 of 4 stages cleared

Introduction

Mar 2003

Committee Review

Floor Vote

Governor

Introduced Mar 24, 2003 Last action Jan 11, 2005

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Jan 11, 2005

House · Failed

Session Sine Die

Apr 4, 2003

House · Referred to committee

Rule 19(a) / Re-referred to Rules Committee

Mar 13, 2003

House · Reported by committee

Do Pass as Amended / Short Debate Revenue Committee; 009-000-000

Mar 13, 2003

House · Amendment adopted

House Committee Amendment No. 1 Adopted in Revenue Committee; by Voice Vote

Mar 13, 2003

House · Amendment offered

House Committee Amendment No. 1 Filed with Clerk by Revenue Committee

Feb 27, 2003

House · Referred to committee

Assigned to Revenue Committee

Feb 26, 2003

House · Referred to committee

Referred to Rules Committee

0 primary · 1 co-sponsor