IL HB5124 | 2021-2022 | 102nd General Assembly

Status

Spectrum: Partisan Bill (Republican 8-0)
Status: Introduced on January 27 2022 - 25% progression, died in committee
Action: 2022-02-18 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Illinois Income Tax Act and the Invest in Kids Act. Provides that the Invest in Kids credit applies permanently (currently, the credit applies for taxable years ending before January 1, 2023). Effective immediately.

Tracking Information

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Title

INVEST IN KIDS-SUNSET

Sponsors


History

DateChamberAction
2022-02-18HouseRule 19(a) / Re-referred to Rules Committee
2022-02-15HouseTo Income Tax Subcommittee
2022-02-14HouseAdded Co-Sponsor Rep. Chris Miller
2022-02-09HouseAssigned to Revenue & Finance Committee
2022-02-07HouseAdded Co-Sponsor Rep. Seth Lewis
2022-01-31HouseAdded Co-Sponsor Rep. Martin McLaughlin
2022-01-31HouseAdded Co-Sponsor Rep. Brad Halbrook
2022-01-28HouseAdded Co-Sponsor Rep. Dan Caulkins
2022-01-28HouseAdded Co-Sponsor Rep. Steven Reick
2022-01-28HouseAdded Chief Co-Sponsor Rep. Dan Ugaste
2022-01-27HouseReferred to Rules Committee
2022-01-27HouseFirst Reading
2022-01-27HouseFiled with the Clerk by Rep. Amy Grant

Code Citations

ChapterArticleSectionCitation TypeStatute Text
354040Amended CodeCitation Text
354065Amended CodeCitation Text
355224Amended CodeCitation Text

Illinois State Sources


Bill Comments

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