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
Jan 2015
Committee Review
Floor Vote
Governor
Introduced Jan 28, 2015
Last action Jan 10, 2017
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
20
Key actions
0
Committee
7
Jan 10, 2017
House · Failed
Session Sine Die
Apr 8, 2016
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
Feb 4, 2016
House · Reported by committee
To Income Tax Subcommittee
Feb 4, 2016
House · Referred to committee
Assigned to Revenue & Finance Committee
Mar 27, 2015
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
Feb 20, 2015
House · Reported by committee
To Income Tax Subcommittee
Feb 13, 2015
House · Referred to committee
Assigned to Revenue & Finance Committee
Jan 28, 2015
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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