INC TX-401(K)-COLLEGE EXPENSES House SponsorsRep. Fred Crespo-Keith Farnham, Carol A. Sente and Anthony DeLuca 1/11/2011HouseSession Sine Die 35 ILCS 5/203from Ch. 120, par. 2-203 Amends the Illinois Income Tax Act. Creates a deduction for individual taxpayers in an amount equal to the amount included in the taxpayer's adjusted gross income as a result of a voluntary distribution taken from a 401(k) plan to the extent that those amounts are used to pay tuition costs at an institution of higher education on behalf of the taxpayer's child. Exempts the deduction from the Act's automatic sunset provision. 2/4/2010HouseFiled with the Clerk by Rep. Fred Crespo 2/5/2010HouseFirst Reading 2/5/2010HouseReferred to Rules Committee 2/10/2010HouseAdded Chief Co-Sponsor Rep. Keith Farnham 2/11/2010HouseAdded Co-Sponsor Rep. Carol A. Sente 3/4/2010HouseAdded Co-Sponsor Rep. Anthony DeLuca 1/11/2011HouseSession Sine Die