HB 1257

  • Illinois House Bill
  • 103rd Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Invest In Kids-Credit Amount

Abstract

Amends the Invest in Kids Act. Provides that, for taxable years beginning on or after January 1, 2023, the credit shall be equal to 100% (rather than 75%) of the total amount of qualified contributions made by the taxpayer during the taxable year, not to exceed a credit of $1,000,000 per taxpayer. Effective immediately.

Bill Sponsors (7)

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Actions


Oct 04, 2023

House

Added Co-Sponsor Rep. Michael J. Coffey, Jr.

May 18, 2023

House

Added Co-Sponsor Rep. Ryan Spain

Mar 10, 2023

House

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

House

House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee

Mar 09, 2023

House

To Revenue - Tax Credit and Incentives Subcommittee

Mar 07, 2023

House

House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee

Mar 03, 2023

House

House Committee Amendment No. 1 Filed with Clerk by Rep. Joe C. Sosnowski

House

House Committee Amendment No. 1 Referred to Rules Committee

Feb 28, 2023

House

Assigned to Revenue & Finance Committee

Feb 14, 2023

House

Added Co-Sponsor Rep. Amy L. Grant

Jan 31, 2023

House

Referred to Rules Committee

House

First Reading

Jan 19, 2023

House

Added Co-Sponsor Rep. Travis Weaver

House

Added Chief Co-Sponsor Rep. Adam M. Niemerg

Jan 18, 2023

House

Filed with the Clerk by Rep. Joe C. Sosnowski

Bill Text

Bill Text Versions Format
Introduced HTML PDF
House Amendment 001 HTML PDF

Related Documents

Document Format
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Sources

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