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<xml>
<title>Illinois General Assembly - Bill Status for SB 3744   </title>
<shortdesc>INC TX-SCHOLARSHIP CREDIT</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Kimberly A. Lightford</sponsors>
</sponsor>
<lastaction>
<statusdate>1/12/2011</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/219 new</reference><aliasreference></aliasreference><SynopsisText>Amends the Illinois Income Tax Act. Creates a credit for businesses that make contributions to (i) educational improvement organizations, (ii) qualified scholarship organizations, or (iii) qualified pre-kindergarten scholarship organizations. Sets forth the amount of the credit. Provides that educational improvement organizations, scholarship organizations, and qualified pre-kindergarten scholarship organizations must submit certain information to the Department of Commerce and Economic Opportunity. Provides that the credit is exempt from the Act's automatic sunset provision. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/11/2010</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Kimberly A. Lightford</action>
<statusdate>2/11/2010</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/11/2010</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/24/2010</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>3/8/2010</statusdate><chamber>Senate</chamber><action>To Revenue Subcommittee on Special Issues</action>
<statusdate>3/8/2010</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>1/12/2011</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

