Bill Status of HB5834 101st General Assembly
Short Description: INCOME TAX-EDUCATION CREDIT
Rep. Deanne M. Mazzochi - Thomas Morrison - Margo McDermed - Amy Grant, Grant Wehrli, Mark Batinick, Chris Miller, Dan Ugaste, Dan Brady, Brad Halbrook, Tom Weber, Steven Reick and Avery Bourne
| 1/13/2021||House||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates an income tax credit for custodians of qualifying pupils for eligible education expenses related to online learning, including computers, printers, internet access, textbooks, tutors, and educational facilitators. Provides for an additional credit if the custodian is also an eligible teacher. Creates an income tax credit for employers of custodians of qualifying pupils for eligible expenditures paid by the employer on behalf of the custodian. Provides that the credit is exempt from the Act's automatic sunset provision. Amends the Illinois Administrative Procedure Act to provide for emergency rulemaking. Effective immediately.