Illinois General Assembly - Full Text of SB1143
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Full Text of SB1143  102nd General Assembly


Sen. Linda Holmes

Filed: 2/22/2022





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2    AMENDMENT NO. ______. Amend Senate Bill 1143 by replacing
3everything after the enacting clause with the following:
4    "Section 5. The Illinois Income Tax Act is amended by
5changing Section 225 as follows:
6    (35 ILCS 5/225)
7    Sec. 225. Credit for instructional materials and supplies.
8For taxable years beginning on and after January 1, 2017, a
9taxpayer shall be allowed a credit in the amount paid by the
10taxpayer during the taxable year for instructional materials
11and supplies with respect to classroom based instruction in a
12qualified school, or the maximum credit amount $250, whichever
13is less, provided that the taxpayer is a teacher, instructor,
14counselor, principal, or aide in a qualified school for at
15least 900 hours during a school year.
16    The credit may not be carried back and may not reduce the



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1taxpayer's liability to less than zero. If the amount of the
2credit exceeds the tax liability for the year, the excess may
3be carried forward and applied to the tax liability of the 5
4taxable years following the excess credit year. The tax credit
5shall be applied to the earliest year for which there is a tax
6liability. If there are credits for more than one year that are
7available to offset a liability, the earlier credit shall be
8applied first.
9    For purposes of this Section, the term "materials and
10supplies" means amounts paid for instructional materials or
11supplies that are designated for classroom use in any
12qualified school. For purposes of this Section, the term
13"qualified school" means a public school or non-public school
14located in Illinois.
15    For purposes of this Section, the term "maximum credit
16amount" means (i) $250 for taxable years beginning prior to
17January 1, 2023 and (ii) $300 for taxable years beginning on or
18after January 1, 2023.
19    This Section is exempt from the provisions of Section 250.
20(Source: P.A. 100-22, eff. 7-6-17.)
21    Section 99. Effective date. This Act takes effect upon
22becoming law.".