SB 77

  • Illinois Senate Bill
  • 96th Regular Session
  • Introduced in Senate Apr 02, 2009
  • Passed Senate Apr 02, 2009
  • Passed House May 13, 2009
  • Became Law Aug 10, 2009

Inc Tax- College Savings Plan

Abstract

Amends the Higher Education Student Assistance Act and the Illinois Income Tax Act. Authorizes the Illinois Student Assistance Commission to establish systems and programs to encourage employers to match employee contributions to prepaid programs of college savings by making donations to the Commission for prepaid programs of college savings and its programs of grants and loans to make higher education affordable for all residents of the State and to receive, hold, and disburse all such funds made available through those programs for the purposes for which they are authorized by rule or by law. Creates an income tax credit for employers who, during the taxable year, make a matching donation on behalf of an employee. Provides that the credit is 25% of the matching donation, but not to exceed $500 per employee. Provides that the credit may be carried forward for 3 taxable years. Effective immediately.

Bill Sponsors (41)

Jehan A. Gordon

     
Cosponsor

Careen M. Gordon

     
Cosponsor

Annazette Collins

     
Cosponsor

David Reis

     
Cosponsor

Randy Ramey, Jr.

     
Cosponsor

Votes


Actions


Aug 10, 2009

Senate

Effective Date August 10, 2009

Senate

Public Act . . . . . . . . . 96-0198

Senate

Governor Approved

Jun 11, 2009

Senate

Sent to the Governor

May 13, 2009

House

Added Alternate Co-Sponsor Rep. Randy Ramey, Jr.

House

Added Alternate Co-Sponsor Rep. Franco Coladipietro

House

Added Alternate Co-Sponsor Rep. Dennis M. Reboletti

House

Added Alternate Co-Sponsor Rep. Mark H. Beaubien, Jr.

House

Added Alternate Co-Sponsor Rep. Donald L. Moffitt

House

Added Alternate Co-Sponsor Rep. Roger L. Eddy

House

Added Alternate Co-Sponsor Rep. Darlene J. Senger

House

Added Alternate Co-Sponsor Rep. Jil Tracy

House

Added Alternate Co-Sponsor Rep. Michael P. McAuliffe

House

Added Alternate Co-Sponsor Rep. Bob Biggins

House

Added Alternate Co-Sponsor Rep. Sandra M. Pihos

House

Added Alternate Co-Sponsor Rep. Elizabeth Coulson

House

Added Alternate Co-Sponsor Rep. William B. Black

House

Added Alternate Co-Sponsor Rep. Sandy Cole

House

Added Alternate Co-Sponsor Rep. Jack D. Franks

House

Added Alternate Co-Sponsor Rep. Mike Fortner

Senate

Passed Both Houses

House

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

House

Added Alternate Co-Sponsor Rep. Ron Stephens

House

Added Alternate Co-Sponsor Rep. Rich Brauer

House

Added Alternate Co-Sponsor Rep. Raymond Poe

House

Added Alternate Co-Sponsor Rep. Kay Hatcher

House

Added Alternate Co-Sponsor Rep. Michael G. Connelly

House

Added Alternate Co-Sponsor Rep. John D. Cavaletto

House

Added Alternate Co-Sponsor Rep. David Reis

House

Added Alternate Co-Sponsor Rep. Ronald A. Wait

May 12, 2009

House

Placed on Calendar Order of 3rd Reading - Short Debate

House

Second Reading - Short Debate

May 11, 2009

House

Added Alternate Co-Sponsor Rep. Annazette Collins

House

Added Alternate Co-Sponsor Rep. Deborah L. Graham

House

Added Alternate Co-Sponsor Rep. David E. Miller

May 07, 2009

House

Added Alternate Co-Sponsor Rep. Careen M. Gordon

May 05, 2009

House

Added Alternate Co-Sponsor Rep. Emily McAsey

Apr 30, 2009

House

Added Alternate Co-Sponsor Rep. Brandon W. Phelps

House

Do Pass / Short Debate Revenue & Finance Committee; 008-000-000

House

Added Alternate Co-Sponsor Rep. Linda Chapa LaVia

House

Added Alternate Co-Sponsor Rep. Jehan A. Gordon

House

Placed on Calendar 2nd Reading - Short Debate

Apr 29, 2009

House

Added Alternate Co-Sponsor Rep. Edward J. Acevedo

House

Added Alternate Co-Sponsor Rep. William Davis

House

Added Alternate Co-Sponsor Rep. Elizabeth Hernandez

House

Added Alternate Co-Sponsor Rep. Keith Farnham

House

Alternate Co-Sponsor Removed Rep. William Davis

House

Alternate Chief Co-Sponsor Removed Rep. Edward J. Acevedo

House

Added Alternate Chief Co-Sponsor Rep. William Davis

House

Added Alternate Co-Sponsor Rep. Daniel V. Beiser

House

Added Alternate Co-Sponsor Rep. Michael K. Smith

House

Added Alternate Co-Sponsor Rep. Chapin Rose

Apr 28, 2009

House

Added Alternate Chief Co-Sponsor Rep. Dan Reitz

House

Added Alternate Chief Co-Sponsor Rep. Charles E. Jefferson

House

Added Alternate Chief Co-Sponsor Rep. Mike Bost

House

Added Alternate Co-Sponsor Rep. Michael J. Zalewski

House

Added Alternate Chief Co-Sponsor Rep. Edward J. Acevedo

Apr 23, 2009

House

Added Alternate Co-Sponsor Rep. Deborah Mell

Apr 14, 2009

House

Assigned to Revenue & Finance Committee

Apr 02, 2009

Senate

Added as Co-Sponsor Sen. Bill Brady

Senate

Added as Co-Sponsor Sen. Edward D. Maloney

Senate

Added as Co-Sponsor Sen. Martin A. Sandoval

Senate

Added as Co-Sponsor Sen. Emil Jones, III

Senate

Placed on Calendar Order of 3rd Reading

Senate

Recalled to Second Reading

Senate

Senate Floor Amendment No. 2 Adopted; Clayborne

House

Referred to Rules Committee

House

First Reading

House

Chief House Sponsor Rep. Patrick J. Verschoore

House

Placed on Calendar Order of First Reading

House

Arrived in House

Senate

Third Reading - Passed; 058-000-000

Mar 31, 2009

Senate

Added as Co-Sponsor Sen. Linda Holmes

Senate

Senate Floor Amendment No. 2 Recommend Do Adopt Higher Education; 007-000-000

Mar 30, 2009

Senate

Senate Floor Amendment No. 2 Assignments Refers to Higher Education

Mar 25, 2009

Senate

Senate Floor Amendment No. 2 Filed with Secretary by Sen. James F. Clayborne, Jr.

Senate

Senate Floor Amendment No. 2 Referred to Assignments

Mar 06, 2009

Senate

Added as Co-Sponsor Sen. John J. Millner

Feb 27, 2009

Senate

Placed on Calendar Order of 3rd Reading March 4, 2009

Senate

Added as Chief Co-Sponsor Sen. Kyle McCarter

Senate

Second Reading

Feb 19, 2009

Senate

Placed on Calendar Order of 2nd Reading February 20, 2009

Senate

Do Pass as Amended Higher Education; 010-000-000

Feb 18, 2009

Senate

Added as Co-Sponsor Sen. Dan Duffy

Senate

Senate Committee Amendment No. 1 Adopted

Senate

Senate Committee Amendment No. 1 Assignments Refers to Higher Education

Feb 17, 2009

Senate

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

Senate

Senate Committee Amendment No. 1 Referred to Assignments

Feb 04, 2009

Senate

Assigned to Higher Education

Jan 30, 2009

Senate

First Reading

Senate

Referred to Assignments

Senate

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

Bill Text

Bill Text Versions Format
Introduced HTML
Engrossed HTML
Enrolled HTML

Related Documents

Document Format
Public Act
Senate Amendment 002
Senate Amendment 001

Sources

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