Bill Status of HB1853

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HB1853 - 104th General Assembly

TREASURER-HIGHER EDUCATION
Last Action
3/21/2025 - House: Rule 19(a) / Re-referred to Rules Committee
House Sponsors
Rep. Curtis J. Tarver, II
Statutes Amended In Order of Appearance
15 ILCS 505/16.11 new
35 ILCS 5/252 new
30 ILCS 105/5.1030 new
Synopsis As Introduced
Amends the State Treasurer Act. Provides that the State Treasurer shall establish and administer the Invest in Illinois Higher Education Program for the purposes of expanding access to higher education through scholarships awarded from the Invest in Illinois Higher Education Fund. Amends the State Finance Act. Creates the Invest in Illinois Higher Education Fund. Amends the Illinois Income Tax Act. Creates an income tax credit in an amount equal to any donations made by the taxpayer to the Invest in Illinois Higher Education Fund. Effective immediately.
Actions
Date Chamber Action
1/28/2025 House Filed with the Clerk by Rep. Curtis J. Tarver, II
1/29/2025 House First Reading
1/29/2025 House Referred to Rules Committee
2/25/2025 House Assigned to Revenue & Finance Committee
3/03/2025 House To Tax Credit and Incentives Subcommittee
3/21/2025 House Rule 19(a) / Re-referred to Rules Committee