SB 362

  • Illinois Senate Bill
  • 93rd Regular Session
  • Introduced in Senate Mar 24, 2003
  • Passed Senate Mar 24, 2003
  • Passed House May 31, 2003
  • Governor

Income Tax Act-Prepaid Tuition

Abstract

Amends the Illinois Income Tax Act. Provides that, for taxable years beginning on or after January 1, 2003, moneys contributed during the taxable year by the taxpayer for the purchase of an Illinois prepaid tuition contract, excluding moneys rolled over from another qualified tuition program account, may be deducted from the taxpayer's federal adjusted gross income in arriving at base income for Illinois income tax purposes. Exempts the deduction from the sunset provisions of the Act. Amends the Illinois Prepaid Tuition Act to include a reference to the deduction. Effective immediately.

Bill Sponsors (7)

Votes


Actions


Jan 11, 2005

Senate

Session Sine Die

Jul 01, 2003

Senate

Pursuant to Senate Rule 3-9(b) / Referred to Rules

May 31, 2003

Senate

House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. James F. Clayborne, Jr.

Senate

House Committee Amendment No. 1 Motion to Concur Referred to Rules

Senate

House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. James F. Clayborne, Jr.

Senate

Placed on Calendar Order of Concurrence House Amendment(s) 01,02 - May 31, 2003

Senate

Secretary's Desk - Concurrence House Amendment(s) 01,02

House

Third Reading - Short Debate - Passed 115-000-001

House

Placed on Calendar Order of 3rd Reading - Short Debate

House

House Floor Amendment No. 2 Recommends Be Adopted Rules Committee; 005-000-000

House

House Floor Amendment No. 2 Adopted by Voice Vote

Senate

House Floor Amendment No. 2 Motion to Concur Referred to Rules

May 29, 2003

House

Second Reading - Short Debate

House

Held on Calendar Order of Second Reading - Short Debate

May 23, 2003

House

Third Reading/Final Action Deadline Extended-9(b) May 31, 2003

May 20, 2003

House

House Floor Amendment No. 2 Filed with Clerk by Rep. Robert S. Molaro

House

House Floor Amendment No. 2 Referred to Rules Committee

May 16, 2003

House

Committee/3rd Reading Deadline Extended-Rule 9(b); May 23, 2003

May 01, 2003

House

House Committee Amendment No. 1 Adopted by Voice Vote; Revenue Sub-committee

House

Alternate Chief Sponsor Changed to Rep. Robert S. Molaro

House

Placed on Calendar 2nd Reading - Short Debate

House

Do Pass as Amended / Short Debate Revenue Committee; 009-000-000

House

House Committee Amendment No. 1 Filed with Clerk by Revenue Committee

Apr 16, 2003

House

Added Alternate Co-Sponsor Rep. Mary K. O'Brien

House

Added Alternate Co-Sponsor Rep. Gary Forby

Apr 14, 2003

House

Added Alternate Chief Co-Sponsor Rep. Patrick Verschoore

House

Added Alternate Chief Co-Sponsor Rep. William Delgado

House

Added Alternate Co-Sponsor Rep. Naomi D. Jakobsson

House

Added Alternate Co-Sponsor Rep. Kevin Joyce

House

Added Alternate Co-Sponsor Rep. Brandon W. Phelps

House

Added Alternate Co-Sponsor Rep. Michael K. Smith

Apr 04, 2003

House

Added Alternate Chief Co-Sponsor Rep. Kevin A. McCarthy

Apr 03, 2003

House

Added Alternate Chief Co-Sponsor Rep. Robert F. Flider

Mar 31, 2003

House

Assigned to Revenue Committee

Mar 25, 2003

House

Chief House Sponsor Rep. Jack D. Franks

House

Referred to Rules Committee

House

First Reading

Mar 24, 2003

Senate

Third Reading - Passed; 055-001-000

House

Placed on Calendar Order of First Reading

House

Arrived in House

Senate

Added as Chief Co-Sponsor Sen. Barack Obama

Mar 21, 2003

Senate

Senate Floor Amendment No. 1 Adopted; Clayborne

Senate

Placed on Calendar Order of 3rd Reading March 24, 2003

Senate

Second Reading

Mar 19, 2003

Senate

Senate Floor Amendment No. 1 Be Adopted Revenue; 008-000-000

Mar 18, 2003

Senate

Senate Floor Amendment No. 1 Rules Refers to Revenue

Mar 13, 2003

Senate

Fiscal Note Filed

Mar 10, 2003

Senate

Senate Floor Amendment No. 1 Referred to Rules

Senate

Senate Floor Amendment No. 1 Filed with Secretary by Sen. James F. Clayborne, Jr.

Mar 06, 2003

Senate

Added as Co-Sponsor Sen. Iris Y. Martinez

Mar 05, 2003

Senate

Added as Co-Sponsor Sen. Antonio Munoz

Feb 28, 2003

Senate

Added as Co-Sponsor Sen. Mattie Hunter

Feb 27, 2003

Senate

Fiscal Note Requested by Sen. Chris Lauzen

Senate

Placed on Calendar Order of 2nd Reading February 28, 2003

Senate

Do Pass Revenue; 008-000-000

Feb 26, 2003

Senate

Added as Chief Co-Sponsor Sen. Jeffrey M. Schoenberg

Feb 19, 2003

Senate

Assigned to Revenue

Feb 06, 2003

Senate

First Reading

Senate

Referred to Rules

Senate

Filed with Secretary by Sen. James F. Clayborne, Jr.

Bill Text

Bill Text Versions Format
Introduced HTML
Engrossed HTML

Related Documents

Document Format
House Amendment 002
House Amendment 001
Senate Amendment 001

Sources

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