Illinois General Assembly - Bill Status for HB5461
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 Bill Status of HB5461  102nd General Assembly


Short Description:  INVEST IN KIDS-VARIOUS

House Sponsors
Rep. Angelica Guerrero-Cuellar

Last Action
DateChamber Action
  1/10/2023HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 40/5
35 ILCS 40/10
35 ILCS 40/40
35 ILCS 40/65


Synopsis As Introduced
Amends the Invest in Kids Act. Provides that non-public pre-kindergarten schools are considered qualified schools. Provides that the credit shall be in the amount of 100% (currently, 75%) of the contribution. Provides that the credit may not exceed $1,333,333 per taxpayer (currently, $1,000,000). Establishes priority groups for the awarding of scholarships. Makes other changes. Effective immediately.

Actions 
DateChamber Action
  1/28/2022HouseFiled with the Clerk by Rep. Angelica Guerrero-Cuellar
  1/31/2022HouseFirst Reading
  1/31/2022HouseReferred to Rules Committee
  2/9/2022HouseAssigned to Revenue & Finance Committee
  2/15/2022HouseTo Income Tax Subcommittee
  2/18/2022HouseRule 19(a) / Re-referred to Rules Committee
  1/10/2023HouseSession Sine Die

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