Illinois General Assembly - Bill Status for HB3742
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 Bill Status of HB3742  102nd General Assembly


Short Description:  INC TX-STUDENT ASSISTANCE

House Sponsors
Rep. Barbara Hernandez

Last Action
DateChamber Action
  1/10/2023HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/218


Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that the credit for student assistance contributions sunsets on December 30, 2027 (instead of December 30, 2021). Provides that the credit for student-assistance contributions may not exceed $1,000 (currently, $500) per contributing employee per taxable year. Effective immediately.

Actions 
DateChamber Action
  2/19/2021HouseFiled with the Clerk by Rep. Barbara Hernandez
  2/22/2021HouseFirst Reading
  2/22/2021HouseReferred to Rules Committee
  3/16/2021HouseAssigned to Revenue & Finance Committee
  3/27/2021HouseRule 19(a) / Re-referred to Rules Committee
  1/10/2023HouseSession Sine Die

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