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<xml>
<title>Illinois General Assembly - Bill Status for HB 3054   </title>
<shortdesc>INC TAX-COLLEGE SAVINGS PLANS</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Robert S. Molaro-David A. Wirsing</sponsors>
</sponsor>
<lastaction>
<statusdate>1/11/2005</statusdate><chamber>House</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. In provisions requiring individual taxpayers to add distributions from qualified tuition programs other than those administered by the State of Illinois back into adjusted gross income, provides that distributions do not have to be added back if they are from qualified tuition programs that are administered by a state that has passed a law that provides an unlimited state tax deduction for moneys distributed from a qualified tuition program administered by the State of Illinois. In provisions authorizing a deduction for contributions to a College Savings Pool account under the State Treasurer Act, also allows a deduction for contributions to the Illinois Prepaid Tuition Trust Fund. Effective immediately.</SynopsisText><synopsistitle>House Amendment No. 1</synopsistitle>
<reftype>Deletes reference to:</reftype><reference>35 ILCS 5/203</reference><aliasreference></aliasreference><reftype>Adds reference to:</reftype><reference>35 ILCS 5/101</reference><aliasreference>from Ch. 120, par. 1-101</aliasreference><SynopsisText>Deletes everything after the enacting clause. Amends the Illinois Income Tax Act. Makes technical changes in a Section concerning the short title.</SynopsisText><synopsistitle>Fiscal Note (Department of Revenue)</synopsistitle>
<SynopsisText>House Bill 3054, as amended, has no effect on the Department of Revenue or the State of Illinois. </SynopsisText></synopsis>
<actions>
<statusdate>2/26/2003</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Robert S. Molaro</action>
<statusdate>2/26/2003</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/26/2003</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/27/2003</statusdate><chamber>House</chamber><action>Assigned to Revenue Committee</action>
<statusdate>3/13/2003</statusdate><chamber>House</chamber><action>House Amendment No. 1 Filed with Clerk by Revenue Committee</action>
<statusdate>3/13/2003</statusdate><chamber>House</chamber><action>House Amendment No. 1 Adopted in Revenue Committee;  by Voice Vote</action>
<statusdate>3/13/2003</statusdate><chamber>House</chamber><action>Do Pass as Amended / Short Debate Revenue Committee;  009-000-000</action>
<statusdate>3/13/2003</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>3/24/2003</statusdate><chamber>House</chamber><action>Fiscal Note Filed as amended by House Amendment No. 1</action>
<statusdate>4/4/2003</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/11/2005</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

