COLLEGE SAVINGS PROGRAMS House SponsorsRep. Mary K. O'Brien-Jack McGuire 1/11/2005HouseSession Sine Die 15 ILCS 505/16.535 ILCS 5/203from Ch. 120, par. 2-203 Amends the Illinois Income Tax Act. Removes a provision that requires a taxpayer to add to federal adjusted gross income, to arrive at base income for Illinois income tax purposes, distributions from a qualified tuition program under Section 529 of the Internal Revenue Code other than distributions from the College Savings Pool or the Illinois Prepaid Tuition Program to the extent those distributions were excluded from income in arriving at federal adjusted gross income. Amends the State Treasurer Act and further amends the Illinois Income Tax Act to allow an income tax deduction for moneys contributed in the taxable year to the College Savings Pool, the Illinois Prepaid Tuition Program, or to any other qualified tuition program under Section 529 of the Internal Revenue Code (now, deduction limited to College Savings Pool contributions). Effective immediately. 2/27/2003HouseFiled with the Clerk by Rep. Mary K. O'Brien 2/27/2003HouseFirst Reading 2/27/2003HouseReferred to Rules Committee 2/28/2003HouseAssigned to Revenue Committee 3/13/2003HouseRule 19(a) / Re-referred to Rules Committee 3/21/2003HouseAdded Chief Co-Sponsor Rep. Jack McGuire 1/11/2005HouseSession Sine Die