Bill Status of SB 2707   103rd General Assembly

Short Description:  INC TX-CLINICAL PRECEPTOR

Senate Sponsors
Sen. Dan McConchie

Last Action  View All Actions

DateChamber Action
  1/7/2025SenateSession Sine Die

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

Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates an income tax credit for an individual taxpayer who is a medical professional in a community-based practice who serves without compensation as a preceptor for at least one student from a qualifying institution in Illinois and provides clinical instruction for students from a non-Illinois based program for compensation in the same tax year. Provides that the credit shall be $200 per qualifying student per week, but not to exceed $9,600 per taxpayer in any tax year. Effective immediately.

Actions 
DateChamber Action
  1/10/2024SenateFiled with Secretary by Sen. Dan McConchie
  1/10/2024SenateFirst Reading
  1/10/2024SenateReferred to Assignments
  1/31/2024SenateAssigned to Revenue
  3/15/2024SenateRule 3-9(a) / Re-referred to Assignments
  1/7/2025SenateSession Sine Die

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