PHILIP-BOMKE-MYERS,J-LUECHTEFELD-WATSON, CLAYBORNE AND PARKER. (DANIELS-KOSEL-MOORE,ANDREA-RIGHTER-WINKEL) 35 ILCS 5/203 Amends the Illinois Income Tax Act. Provides that beginning with taxable years beginning on or after January 1, 1998 and ending with taxable years ending on or before December 30, 2003, an income tax deduction not to exceed $100,000 is available to individuals, corporations, and trusts and estates in an amount equal to the amount contributed for educational purposes by the taxpayer to any public or private elementary or secondary school in Illinois, as certified by the recipient school. Provides that the deduction shall be available for foundations established under Section 501(c)(3) of the Internal Revenue Code to raise moneys for schools. 98-01-29 S FIRST READING 98-01-29 S REFERRED TO SENATE RULES COMMITTEE RULES 98-02-25 S ASSIGNED TO COMMITTEE REVENUE 98-03-05 S DO PASS 008-000-000 SREV 98-03-05 S PLACED ON CALENDAR ORDER OF 2ND READING 98-03-10 98-03-05 S ADDED AS A CO-SPONSOR CLAYBORNE 98-03-11 S SECOND READING 98-03-11 S PLACED ON CALENDAR ORDER OF 3RD READING 98-03-12 98-04-01 S ADDED AS A CO-SPONSOR PARKER 98-04-01 S THIRD READING - PASSED 056-001-000 98-04-01 H ARRIVE IN HOUSE 98-04-01 H HOUSE SPONSOR DANIELS 98-04-01 H ADDED AS A JOINT SPONSOR KOSEL 98-04-01 H ADDED AS A JOINT SPONSOR MOORE,ANDREA 98-04-01 H ADDED AS A JOINT SPONSOR RIGHTER 98-04-01 H ADDED AS A JOINT SPONSOR WINKEL 98-04-01 H FIRST READING 98-04-01 H REFERRED TO HOUSE RULES COMMITTEE RULES 99-01-12 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary