Senate Sponsors: PHILIP-BOMKE-MYERS,J-LUECHTEFELD-WATSON, CLAYBORNE AND PARKER. House Sponsors: DANIELS-KOSEL-MOORE,ANDREA-RIGHTER-WINKEL Short description: INC TX-DEDUCT-PRIVATE SCHOOL Synopsis of Bill as introduced: 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. Last action on Bill: SESSION SINE DIE Last action date: 99-01-12 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status