Meg Loughran Cappel
- District 49
Amends the Illinois Income Tax Act. Provides that the credit for student-assistance contributions sunsets on December 31, 2030 (currently, December 30, 2021). Provides that, for taxable years ending on or after December 31, 2021, the maximum student-assistance credit is $1,000 per contributing employee per taxable year (currently, $500). Effective immediately.
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Rule 3-9(a) / Re-referred to Assignments
To Credits, Deductions, and Exemptions
Assigned to Revenue
Filed with Secretary by Sen. Meg Loughran Cappel
Referred to Assignments
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