Illinois General Assembly - Bill Status for HB4858
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 Bill Status of HB4858  103rd General Assembly


Short Description:  INC TAX-STUDENT LOAN

House Sponsors
Rep. Mark L. Walker

Last Action
DateChamber Action
  4/5/2024HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
35 ILCS 5/241 new


Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that a qualified taxpayer who has annual student loan repayment expenses is eligible for an income tax credit equal to the taxpayer's student loan repayment expenses for the taxable year, but not to exceed $3,000 per taxpayer. Effective immediately.

Actions 
DateChamber Action
  2/6/2024HouseFiled with the Clerk by Rep. Mark L. Walker
  2/7/2024HouseFirst Reading
  2/7/2024HouseReferred to Rules Committee
  2/28/2024HouseAssigned to Revenue & Finance Committee
  3/8/2024HouseTo Revenue-Income Tax Subcommittee
  4/5/2024HouseRule 19(a) / Re-referred to Rules Committee

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