INC TX-EDUCATION LOANS
Summary
Amends the Illinois Income Tax Act. Creates a deduction for individuals, trusts, and estates for certain qualified student loan payments made during the taxable year. Provides that the deduction is excluded from the Act's automatic sunset provisions. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Sep 2014
Committee Review
Floor Vote
Governor
Introduced Sep 4, 2014
Last action Dec 3, 2014
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
1
Dec 3, 2014
House · Failed
Session Sine Die
Nov 6, 2014
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Jack D. Franks
DDemocratic
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