Illinois General Assembly - Bill Status for SB3618
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 Bill Status of SB3618  102nd General Assembly

Short Description:  REVENUE-INVEST IN KIDS

Senate Sponsors
Sen. Antonio Muñoz, Dave Syverson and Win Stoller

Last Action
DateChamber Action
  1/19/2022SenateReferred to Assignments

Statutes Amended In Order of Appearance
35 ILCS 40/5
35 ILCS 40/10
35 ILCS 40/40
35 ILCS 40/65

Synopsis As Introduced
Amends the Invest in Kids Act. Provides that students who are eligible to attend a qualifying pre-kindergarten school are also considered eligible students under the Act. Provides that the credit shall be equal to 100% (currently, 75%) of the total amount of qualified contributions made by the taxpayer during a taxable year. Removes a limitation that contributions may not be directed to a particular subset of schools, a particular school, a particular group of students, or a particular student. Provides that applications for scholarships for eligible students who received a scholarship from a scholarship granting organization during the previous school year shall be considered for re-application for the current school year and shall be considered received on the first day that the scholarship granting organization begins granting scholarships. Provides that the Act applies on a permanent basis. Effective immediately.

DateChamber Action
  1/19/2022SenateFiled with Secretary by Sen. Antonio Muñoz
  1/19/2022SenateFirst Reading
  1/19/2022SenateReferred to Assignments
  1/26/2022SenateAdded as Co-Sponsor Sen. Dave Syverson
  2/9/2022SenateAdded as Co-Sponsor Sen. Win Stoller

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