INCOME TAX ACT-PREPAID TUITION House SponsorsRep. Chapin Rose-Elizabeth Coulson-Rosemary Mulligan 1/11/2005HouseSession Sine Die 35 ILCS 5/203from Ch. 120, par. 2-203110 ILCS 979/55 Amends the Illinois Income Tax Act. Provides that, for taxable years beginning on or after January 1, 2004, moneys contributed during the taxable year by the taxpayer for the purchase of an Illinois prepaid tuition contract, excluding moneys rolled over from another qualified tuition program account, may be deducted from the taxpayer's federal adjusted gross income in arriving at base income for Illinois income tax purposes. Exempts the deduction from the sunset provisions of the Act. Amends the Illinois Prepaid Tuition Act to include a reference to the deduction. Effective immediately. 2/9/2004HouseFiled with the Clerk by Rep. Chapin Rose 2/9/2004HouseFirst Reading 2/9/2004HouseReferred to Rules Committee 2/18/2004HouseAdded Chief Co-Sponsor Rep. Elizabeth Coulson 2/18/2004HouseAdded Chief Co-Sponsor Rep. Rosemary Mulligan 1/11/2005HouseSession Sine Die