Bill Status of HB3746 100th General Assembly
Short Description: INC TX-EDUCATION LOANS
Rep. Katie Stuart, Lawrence Walsh, Jr., Silvana Tabares, Thaddeus Jones, Kelly M. Burke and Stephanie A. Kifowit
| 3/31/2017||House||Rule 19(a) / Re-referred to Rules Committee|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates a deduction for individuals, trusts, and estates for certain qualified student loan payments made during the taxable year. Provides that the deduction is excluded from the Act's automatic sunset provisions. Effective immediately.