Illinois General Assembly - Bill Status for SB1513
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 Bill Status of SB1513  101st General Assembly


Short Description:  INVEST IN KIDS-FUNDING

Senate Sponsors
Sen. Don Harmon

Last Action
DateChamber Action
  1/13/2021SenateSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 40/70 new


Synopsis As Introduced
Amends the Invest in Kids Act. Provides that no credits may be awarded under the Act for any taxable year that begins in a State fiscal year for which the minimum statutory funding level is not met. Provides that the carry-forward period for those credits shall be suspended for any taxable year that begins in a State fiscal year for which the minimum statutory funding level is not met. Requires the State Board of Education to determine whether or not the State has met the minimum funding level for the fiscal year and to transmit a copy of the determination to the Department of Revenue. Effective immediately.

Actions 
DateChamber Action
  2/15/2019SenateFiled with Secretary by Sen. Jennifer Bertino-Tarrant
  2/15/2019SenateFirst Reading
  2/15/2019SenateReferred to Assignments
  12/7/2020SenateChief Sponsor Changed to Sen. Don Harmon
  1/13/2021SenateSession Sine Die

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