Illinois General Assembly - Full Text of SB1439
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Full Text of SB1439  103rd General Assembly




State of Illinois
2023 and 2024


Introduced 2/7/2023, by Sen. Paul Faraci


35 ILCS 5/225

    Amends the Illinois income Tax Act. Provides that, for purposes of the tax credit for instructional materials and supplies, the term "qualified school" also includes public institutions of higher education. Effective immediately.

LRB103 27452 HLH 53824 b





SB1439LRB103 27452 HLH 53824 b

1    AN ACT concerning revenue.
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
4    Section 5. The Illinois Income Tax Act is amended by
5changing Section 225 as follows:
6    (35 ILCS 5/225)
7    Sec. 225. Credit for instructional materials and supplies.
8For taxable years beginning on and after January 1, 2017, a
9taxpayer shall be allowed a credit in the amount paid by the
10taxpayer during the taxable year for instructional materials
11and supplies with respect to classroom based instruction in a
12qualified school, or the maximum credit amount, whichever is
13less, provided that the taxpayer is a teacher, instructor,
14counselor, principal, or aide in a qualified school for at
15least 900 hours during a school year.
16    The credit may not be carried back and may not reduce the
17taxpayer's liability to less than zero. If the amount of the
18credit exceeds the tax liability for the year, the excess may
19be carried forward and applied to the tax liability of the 5
20taxable years following the excess credit year. The tax credit
21shall be applied to the earliest year for which there is a tax
22liability. If there are credits for more than one year that are
23available to offset a liability, the earlier credit shall be



SB1439- 2 -LRB103 27452 HLH 53824 b

1applied first.
2    For purposes of this Section, the term "materials and
3supplies" means amounts paid for instructional materials or
4supplies that are designated for classroom use in any
5qualified school. For purposes of this Section, the term
6"qualified school" means a public school or non-public school
7located in Illinois and, for tax years beginning on or after
8January 1, 2024, a public institution of higher education as
9defined in the Board of Higher Education Act.
10    For purposes of this Section, the term "maximum credit
11amount" means (i) $250 for taxable years beginning prior to
12January 1, 2023 and (ii) $500 for taxable years beginning on or
13after January 1, 2023.
14    This Section is exempt from the provisions of Section 250.
15(Source: P.A. 102-700, eff. 4-19-22.)
16    Section 99. Effective date. This Act takes effect upon
17becoming law.