Illinois General Assembly - Bill Status for HB2304
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 Bill Status of HB2304  93rd General Assembly


Short Description:  INCOME TAX ACT-PREPAID TUITION

House Sponsors
Rep. Daniel J. Burke - Lou Lang

Last Action
DateChamber Action
  1/11/2005HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/203from Ch. 120, par. 2-203
110 ILCS 979/55


Synopsis As Introduced
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.

Actions 
DateChamber Action
  2/19/2003HouseFiled with the Clerk by Rep. Daniel J. Burke
  2/19/2003HouseFirst Reading
  2/19/2003HouseReferred to Rules Committee
  2/27/2003HouseAdded Chief Co-Sponsor Rep. Lou Lang
  3/5/2003HouseAssigned to Revenue Committee
  3/13/2003HouseRule 19(a) / Re-referred to Rules Committee
  1/11/2005HouseSession Sine Die

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