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SB 362 Illinois Senate · 93rd Regular Session

INCOME TAX ACT-PREPAID TUITION

Summary
Amends the Illinois Income Tax Act. Provides that, for taxable years beginning on or after January 1, 2003, moneys contributed during the taxable year by the taxpayer for the purchase of an Illinois prepaid tuition contract, excluding moneys rolled over from another qualified tuition program account, may be deducted from the taxpayer's federal adjusted gross income in arriving at base income for Illinois income tax purposes. Exempts the deduction from the sunset provisions of the Act. Amends the Illinois Prepaid Tuition Act to include a reference to the deduction. Effective immediately.
Bill status failed 4 of 5 stages cleared
Introduction
Mar 2003
Committee Review
Jul 2003
Senate Passage
Mar 2003
House Passage
May 2003
Governor
Introduced Mar 24, 2003 Last action Jan 11, 2005
Floor votes · Senate Mar 24, 2003 · House May 31, 2003

How they voted

43–1
Passed · 1 other
Total votes 45
Mar 24, 2003
D Democratic25
25 Yea
100% Yea
R Republican20
18 Yea 1 Nay 1
90% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
62
Key actions
9
Committee
13
Amendments
9
Jul 1, 2003
Committee
Pursuant to Senate Rule 3-9(b) / Referred to Rules
upper
May 31, 2003
Committee
House Floor Amendment No. 2 Motion to Concur Referred to Rules
upper
May 31, 2003
Committee
House Committee Amendment No. 1 Motion to Concur Referred to Rules
upper
May 31, 2003
Introduced
Placed on Calendar Order of Concurrence House Amendment(s) 01,02 - May 31, 2003
upper
May 31, 2003
Introduced
Secretary's Desk - Concurrence House Amendment(s) 01,02
upper
May 31, 2003
Lower · Passed
House Floor Amendment No. 2 Adopted by Voice Vote
lower
May 31, 2003
Lower · Passed
House Floor Amendment No. 2 Recommends Be Adopted Rules Committee; 005-000-000
lower
May 31, 2003
House · Passed
House Vote: pass (91-0-3)
house
May 20, 2003
Committee
House Floor Amendment No. 2 Referred to Rules Committee
lower
May 20, 2003
Introduced
House Floor Amendment No. 2 Filed with Clerk by Rep. Robert S. Molaro
lower
May 1, 2003
Lower · Passed
Do Pass as Amended / Short Debate Revenue Committee; 009-000-000
lower
May 1, 2003
Lower · Passed
House Committee Amendment No. 1 Adopted by Voice Vote; Revenue Sub-committee
lower
May 1, 2003
Introduced
House Committee Amendment No. 1 Filed with Clerk by Revenue Committee
lower
Mar 31, 2003
Committee
Assigned to Revenue Committee
lower
Mar 25, 2003
Committee
Referred to Rules Committee
lower
Mar 24, 2003
Introduced
Arrived in House
lower
Mar 24, 2003
Senate · Passed
Senate Vote: pass (43-1-1)
senate
Mar 21, 2003
Upper · Passed
Senate Floor Amendment No. 1 Adopted; Clayborne
upper
Mar 19, 2003
Upper · Passed
Senate Floor Amendment No. 1 Be Adopted Revenue; 008-000-000
upper
Mar 18, 2003
Introduced
Senate Floor Amendment No. 1 Rules Refers to Revenue
upper
Mar 10, 2003
Committee
Senate Floor Amendment No. 1 Referred to Rules
upper
Mar 10, 2003
Introduced
Senate Floor Amendment No. 1 Filed with Secretary by Sen. James F. Clayborne, Jr.
upper
Feb 27, 2003
Upper · Passed
Do Pass Revenue; 008-000-000
upper
Feb 19, 2003
Committee
Assigned to Revenue
upper
Feb 6, 2003
Committee
Referred to Rules
upper
0 primary · 7 co-sponsors

Sponsors

No sponsor information available.