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<xml>
<title>Illinois General Assembly - Bill Status for HB 4304   </title>
<shortdesc>INC TX-ED EXPENSE CREDIT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Jim Sacia-Daniel V. Beiser-Robert F. Flider-Sidney H. Mathias-Constance A. Howard</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2009</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/201</reference><aliasreference>from Ch. 120, par. 2-201</aliasreference><SynopsisText>     Amends the Illinois Income Tax Act. Increases amount of the education expense credit from 25% to 50% of qualified education expenses and increased the maximum amount of the credit from $500 to $750 per year. Provides that the credit is refundable. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>1/9/2008</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Jim Sacia</action>
<statusdate>1/9/2008</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/9/2008</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/21/2008</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Daniel V. Beiser</action>
<statusdate>2/21/2008</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Robert F. Flider</action>
<statusdate>2/21/2008</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Sidney H. Mathias</action>
<statusdate>2/27/2008</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Constance A. Howard</action>
<statusdate>1/13/2009</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

