IL SB1471 | 2019-2020 | 101st General Assembly

Illinois Senate Bill 1471 (Prior Session Legislation)

Status

Completed Legislative Action
Spectrum: Moderate Partisan Bill (Democrat 4-1)
Status: Failed on January 13 2021 - 100% progression
Action: 2021-01-13 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Illinois Income Tax Act. Provides that each eligible student is entitled to a refundable income tax credit in an amount equal to $500. Provides that, if the eligible student may be claimed as a dependent on another taxpayer's return, then the taxpayer claiming the eligible student may claim the credit; however, only one taxpayer may claim the credit for any particular student. Effective immediately.

Title

INC TX-STUDENT CREDIT

History

Date	Chamber	Action
2021-01-13	Senate	Session Sine Die
2019-03-22	Senate	Rule 3-9(a) / Re-referred to Assignments
2019-03-07	Senate	Added as Co-Sponsor Sen. Laura M. Murphy
2019-03-07	Senate	Added as Co-Sponsor Sen. Elgie R. Sims, Jr.
2019-03-06	Senate	To Subcommittee on Tax Exemptions and Credits
2019-03-05	Senate	Added as Chief Co-Sponsor Sen. Julie A. Morrison
2019-03-05	Senate	Added as Co-Sponsor Sen. Scott M. Bennett
2019-02-20	Senate	Assigned to Revenue
2019-02-13	Senate	Referred to Assignments
2019-02-13	Senate	First Reading
2019-02-13	Senate	Filed with Secretary by Sen. Jil Tracy

Code Citations

Chapter	Article	Section	Citation Type	Statute Text
35	5	229	New Code	See Bill Text

Illinois State Sources

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1471&GAID=15&DocTypeID=SB&SessionID=108&GA=101
Text	https://www.ilga.gov/legislation/101/SB/10100SB1471.htm