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<xml>
<title>Illinois General Assembly - Bill Status for SB 2017         </title>
<shortdesc>INC TX-ABLE CONTRIBUTIONS</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Dan McConchie-Pamela J. Althoff-Toi W. Hutchinson-Scott M. Bennett, Ira I. Silverstein-Tom Rooney, Michael Connelly, Jennifer Bertino-Tarrant and Julie A. Morrison</sponsors>
<sponsorhead2>House Sponsors</sponsorhead2><altsponsors>(Rep. Natalie A. Manley, Deb Conroy, Katie Stuart and Sam Yingling)</altsponsors>
</sponsor>
<lastaction>
<statusdate>1/9/2019</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/203</reference><aliasreference>from Ch. 120, par. 2-203</aliasreference><SynopsisText>Amends the Illinois Income Tax Act. Creates a deduction in an amount equal to the amount contributed by taxpayer during the taxable year to an ABLE account. Provides that the deduction shall not exceed $10,000 per taxpayer in any taxable year. Provides that the deduction is exempt from the Act's automatic sunset provision. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/10/2017</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Dan McConchie</action>
<statusdate>2/10/2017</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/10/2017</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/16/2017</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Pamela J. Althoff</action>
<statusdate>2/16/2017</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Toi W. Hutchinson</action>
<statusdate>2/28/2017</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>3/9/2017</statusdate><chamber>Senate</chamber><action>Postponed - Revenue</action>
<statusdate>3/16/2017</statusdate><chamber>Senate</chamber><action>Postponed - Revenue</action>
<statusdate>3/17/2017</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As April 7, 2017</action>
<statusdate>4/5/2017</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Scott M. Bennett</action>
<statusdate>4/6/2017</statusdate><chamber>Senate</chamber><action>Postponed - Revenue</action>
<statusdate>4/7/2017</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As May 5, 2017</action>
<statusdate>5/5/2017</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>1/30/2018</statusdate><chamber>Senate</chamber><action>Re-assigned to Revenue</action>
<statusdate>4/13/2018</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As April 27, 2018</action>
<statusdate>4/24/2018</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Ira I. Silverstein</action>
<statusdate>4/25/2018</statusdate><chamber>Senate</chamber><action>Do Pass Revenue;  006-000-000</action>
<statusdate>4/25/2018</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading</action>
<statusdate>4/25/2018</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>4/25/2018</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading April 26, 2018</action>
<statusdate>4/26/2018</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Tom Rooney</action>
<statusdate>4/26/2018</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 051-000-000</action>
<statusdate>4/26/2018</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Michael Connelly</action>
<statusdate>4/26/2018</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Jennifer Bertino-Tarrant</action>
<statusdate>4/26/2018</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Julie A. Morrison</action>
<statusdate>4/26/2018</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>4/26/2018</statusdate><chamber>House</chamber><action>Chief House Sponsor Rep. Natalie A. Manley</action>
<statusdate>4/26/2018</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>4/26/2018</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>5/1/2018</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Deb Conroy</action>
<statusdate>5/1/2018</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Katie Stuart</action>
<statusdate>5/1/2018</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Sam Yingling</action>
<statusdate>5/18/2018</statusdate><chamber>House</chamber><action>Assigned to Executive Committee</action>
<statusdate>5/18/2018</statusdate><chamber>House</chamber><action>Final Action Deadline Extended-9(b) May 25, 2018</action>
<statusdate>5/25/2018</statusdate><chamber>House</chamber><action>Final Action Deadline Extended-9(b) May 31, 2018</action>
<statusdate>5/31/2018</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/9/2019</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

