SB 2999

  • Illinois Senate Bill
  • 102nd Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Invest In Kids-Funding

Abstract

Amends the Invest in Kids Act. Provides that no credits may be awarded under the Act for any taxable year that begins in a State fiscal year for which the minimum statutory funding level is not met. Provides that the carry-forward period for those credits shall be suspended for any taxable year that begins in a State fiscal year for which the minimum statutory funding level is not met. Requires the State Board of Education to determine whether or not the State has met the minimum funding level for the fiscal year and to transmit a copy of the determination to the Department of Revenue. Effective immediately.

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Jan 10, 2023

Senate

Session Sine Die

Jan 05, 2022

Senate

Filed with Secretary by Sen. Cristina Castro

Senate

First Reading

Senate

Referred to Assignments

Bill Text

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