Comments: IL SB1471 | 2019-2020 | 101st General Assembly
Bill Title: 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.
Spectrum: Moderate Partisan Bill (Democrat 4-1)
Status: (Failed) 2021-01-13 - Session Sine Die [SB1471 Detail]
Text: Latest bill text (Introduced) [HTML]
Spectrum: Moderate Partisan Bill (Democrat 4-1)
Status: (Failed) 2021-01-13 - Session Sine Die [SB1471 Detail]
Text: Latest bill text (Introduced) [HTML]
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