HB 2947

  • Illinois House Bill
  • 100th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Inc Tx-Teacher Loan Repayment

Abstract

Amends the Higher Education Student Assistance Act. Creates the Illinois Teacher Loan Repayment Fund. Provides that moneys in the Fund shall be used by the Illinois Student Assistance Commission for the purpose of making grants under the Illinois Teachers and Child Care Providers Loan Repayment Program. Amends the Illinois Income Tax Act. Creates a deduction for individuals, trusts, estates, partnerships, and corporations in an amount equal to the amount of donations made by the taxpayer to the Illinois Teacher Loan Repayment Fund during the taxable year. Amends the State Finance Act to make conforming changes. Effective immediately.

Bill Sponsors (1)

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Actions


Jan 08, 2019

House

Session Sine Die

Mar 31, 2017

House

Rule 19(a) / Re-referred to Rules Committee

Mar 09, 2017

House

To Growth, Reform & Fairness Subcommittee

Feb 22, 2017

House

Assigned to Revenue & Finance Committee

Feb 09, 2017

House

Filed with the Clerk by Rep. Melissa Conyears-Ervin

House

Referred to Rules Committee

House

First Reading

House

Added Chief Co-Sponsor Rep. Arthur Turner

Bill Text

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Sources

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