Amends the Illinois Income Tax Act. Creates a credit for an individual taxpayer who is the principal provider of financial aid to an eligible student, other than the eligible student himself or herself, in an amount equal to 25% of the qualified education expenses paid by the taxpayer on behalf of that eligible student during the taxable year, but not to exceed $1,000 in any one taxable year. Provides that the term "eligible student" means a full-time or part-time student enrolled in an accredited institution of higher education in the State. Provides that a taxpayer is not eligible for the credit if the taxpayer's adjusted gross income exceeds $150,000. Provides that the credit is exempt from the Act's automatic sunset provisions. Effective immediately.
Sponsored bills
Amends the Township Code. Makes a technical change in a Section concerning the use of terms.
Appropriates $2 from the General Revenue Fund to the Environmental Protection Trust Fund Commission for its FY14 ordinary and contingent expenses. Effective July 1, 2013.
Amends the Veterans' Employment Act. Makes a technical change in a Section concerning the short title.
Appropriates $2 from the General Revenue Fund to the General Assembly Retirement System for its FY14 ordinary and contingent expenses. Effective July 1, 2013.
Amends the Recreational Use of Land and Water Areas Act. Makes a technical change in a Section concerning the short title and purpose of the Act.
Amends the Illinois Pension Code. Provides that the 5 State-funded retirement systems may not enter into any new contract, or extend or renew any existing contract, under which System funds are used to compensate a contract lobbyist. In the Downstate Teachers Article, provides that the board of trustees of the system has the power to appoint employees and obtain actuarial, legal, clerical, audit, medical, or other services. Effective immediately.
Amends the Environmental Protection Act. Makes a technical change in a Section concerning the short title.
Amends the Code of Criminal Procedure of 1963. Makes a technical change in a Section concerning a search without a warrant.
Amends the General Obligation Bond Act. Makes a technical change in a Section concerning school construction bonds.