Bill Status of HB 3411   102nd General Assembly

Short Description:  INVEST IN KIDS-CONTRIBUTIONS

House Sponsors
Rep. Blaine Wilhour, Dan Brady and Chris Miller

Last Action  View All Actions

DateChamber Action
  1/10/2023HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 40/5
35 ILCS 40/7.5 new
35 ILCS 40/10
35 ILCS 40/40
35 ILCS 40/45
35 ILCS 40/65 rep.
35 ILCS 40/995 rep.

Synopsis As Introduced
Amends the Invest in Kids Act. Provides that the amount of the credit shall be 100% (currently, 75%) of the total amount of qualified contributions made by the taxpayer during the taxable year. Provides that the annual aggregate credit cap shall be $100,000,000 per calendar year (currently, $75,000,000). Provides that the individual credit cap shall be $1,333,333 per taxpayer (currently, $1,000,000). Removes a limitation preventing contributions from being directed to a particular subset of schools or a particular school. Provides that, in granting scholarships, first priority shall be given to eligible students who received a scholarship from a scholarship granting organization during the previous school year. Contains provisions concerning technical academies.

Actions 
DateChamber Action
  2/19/2021HouseFiled with the Clerk by Rep. Blaine Wilhour
  2/22/2021HouseFirst Reading
  2/22/2021HouseReferred to Rules Committee
  3/16/2021HouseAssigned to Revenue & Finance Committee
  3/18/2021HouseAdded Co-Sponsor Rep. Dan Brady
  3/18/2021HouseAdded Co-Sponsor Rep. Chris Miller
  3/27/2021HouseRule 19(a) / Re-referred to Rules Committee
  1/10/2023HouseSession Sine Die

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