Bill Status of SB1444  103rd General Assembly


Short Description:  INC TX-DEPENDENT TAX CREDIT

Senate Sponsors
Sen. Mike Simmons - Javier L. Cervantes - David Koehler - Cristina H. Pacione-Zayas, Willie Preston, Adriane Johnson, Robert Peters, Rachel Ventura, Mary Edly-Allen, Mattie Hunter, Ann Gillespie, Karina Villa, Laura Fine, Michael W. Halpin, Christopher Belt, Napoleon Harris, III and Lakesia Collins

Last Action
DateChamber Action
  2/20/2024SenateRe-assigned to Revenue

Statutes Amended In Order of Appearance
35 ILCS 5/234 new


Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates an income tax credit for dependents of the taxpayer. Provides that the maximum amount of the credit is $700 per qualified dependent of the taxpayer. Provides that the maximum amount shall be reduced by $24 for each $1,000 by which the taxpayer's net income exceeds $75,000 in the case of a joint return or $50,000 in the case of any other form of return. Defines "qualified dependent". Effective immediately.

Actions 
DateChamber Action
  2/7/2023SenateFiled with Secretary by Sen. Mike Simmons
  2/7/2023SenateFirst Reading
  2/7/2023SenateReferred to Assignments
  2/7/2023SenateAdded as Co-Sponsor Sen. Willie Preston
  2/8/2023SenateAdded as Chief Co-Sponsor Sen. Javier L. Cervantes
  2/8/2023SenateAdded as Co-Sponsor Sen. Adriane Johnson
  2/9/2023SenateAdded as Co-Sponsor Sen. Robert Peters
  2/9/2023SenateAdded as Co-Sponsor Sen. Rachel Ventura
  2/9/2023SenateAdded as Co-Sponsor Sen. Mary Edly-Allen
  2/14/2023SenateAssigned to Appropriations
  2/15/2023SenateAdded as Chief Co-Sponsor Sen. David Koehler
  2/22/2023SenateAdded as Co-Sponsor Sen. Mattie Hunter
  2/22/2023SenateAdded as Co-Sponsor Sen. Ann Gillespie
  2/23/2023SenateAdded as Co-Sponsor Sen. Karina Villa
  2/27/2023SenateAdded as Co-Sponsor Sen. Laura Fine
  3/9/2023SenateAdded as Co-Sponsor Sen. Michael W. Halpin
  3/10/2023SenateRule 3-9(a) / Re-referred to Assignments
  3/27/2023SenateAdded as Chief Co-Sponsor Sen. Cristina H. Pacione-Zayas
  4/26/2023SenateAdded as Co-Sponsor Sen. Christopher Belt
  4/26/2023SenateAdded as Co-Sponsor Sen. Napoleon Harris, III
  2/20/2024SenateRe-assigned to Revenue
  2/20/2024SenateAdded as Co-Sponsor Sen. Lakesia Collins