HB1752 - 104th General Assembly

INC TX-STUDENT LOAN REPAYMENT
Last Action
3/21/2025 - House: Rule 19(a) / Re-referred to Rules Committee
Statutes Amended In Order of Appearance
35 ILCS 5/203from Ch. 120, par. 2-203
Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates an income tax deduction for any amounts paid by the taxpayer's employer on behalf of the taxpayer as part of an educational assistance program. Creates an income tax deduction for any amounts paid by the taxpayer on behalf of an employee of the taxpayer as part of an educational assistance program. Provides that the deductions are limited to the first $5,250 of such assistance so furnished to any individual. Effective immediately.
Actions
Date Chamber Action
1/24/2025 House Filed with the Clerk by Rep. Brad Stephens
1/28/2025 House First Reading
1/28/2025 House Referred to Rules Committee
2/10/2025 House Added Co-Sponsor Rep. Tony M. McCombie
2/25/2025 House Assigned to Revenue & Finance Committee
3/03/2025 House Added Co-Sponsor Rep. Nicole La Ha
3/03/2025 House To Tax Policy: Income Tax Subcommittee
3/05/2025 House Added Co-Sponsor Rep. Joe C. Sosnowski
3/05/2025 House Added Co-Sponsor Rep. Amy Elik
3/05/2025 House Added Co-Sponsor Rep. Jackie Haas
3/05/2025 House Added Co-Sponsor Rep. Patrick Windhorst
3/06/2025 House Added Co-Sponsor Rep. Kevin Schmidt
3/13/2025 House Added Co-Sponsor Rep. Jennifer Sanalitro
3/21/2025 House Rule 19(a) / Re-referred to Rules Committee