92nd General Assembly
Summary of HB1049
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House Sponsors:
SOTO-RYAN-FOWLER-FORBY-BOLAND, HOWARD AND KENNER.

Short description: 
TEACHER-FORGIV LOAN-INC TX DED                                             

Synopsis of Bill as introduced:
        Amends the  Higher  Education  Student  Assistance  Act  and  the      
   Illinois Income Tax Act.  Provides for a $500 income tax deduction for      
   a  person  holding a teaching certificate issued under the School Code      
   and employed as a teacher in a public school district governed by  the      
   School  Code.   Requires the Illinois Student Assistance Commission to      
   request an appropriation each year to sufficiently fund  at  least  25      
   teacher shortage scholarships.  Requires the Commission to establish a      
   loan  forgiveness  program for person's teaching in a public school in      
   this State in an area of identified staff shortage.  Effective July 1,      
   2001.                                                                       
 
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


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