HB 2568

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

Inc Tx-Student Loan Repayment

Abstract

Amends the Illinois Income Tax Act. Creates an income tax deduction for any amounts paid by the taxpayer's employer on behalf of the taxpayer as part of an educational assistance program. Creates an income tax deduction for any amounts paid by the taxpayer on behalf of an employee of the taxpayer as part of an educational assistance program. Provides that the deductions are limited to the first $5,250 of assistance furnished to any individual. Effective immediately.

Bill Sponsors (1)

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Actions


Mar 10, 2023

House

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

Feb 23, 2023

House

To Revenue-Income Tax Subcommittee

Feb 21, 2023

House

Assigned to Revenue & Finance Committee

Feb 15, 2023

House

Filed with the Clerk by Rep. Katie Stuart

House

First Reading

House

Referred to Rules Committee

Bill Text

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