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IL HB3544

IL HB3544
INCOME TAX-EDUCATION CREDIT


summary

Introduced
02/17/2023
In Committee
02/17/2023
Crossed Over
Passed
Dead
01/08/2025

Introduced Session

103rd General Assembly

Bill Summary

Amends the Illinois Income Tax Act. Creates an income tax credit for custodians of qualifying pupils for eligible education expenses related to online learning, including computers, printers, internet access, textbooks, tutors, and educational facilitators. Provides for an additional credit if the custodian is also an eligible teacher. Creates an income tax credit for employers of custodians of qualifying pupils for eligible expenditures paid by the employer on behalf of the custodian. Provides that the credit is exempt from the Act's automatic sunset provision. Amends the Illinois Administrative Procedure Act to provide for emergency rulemaking. Effective immediately.

AI Summary

This bill creates an income tax credit for custodians of qualifying pupils (Illinois residents under 21 who are enrolled in grades K-12) for eligible education expenses related to online learning, such as computers, internet access, and tutors. It also provides an additional credit for eligible teachers who are custodians of qualifying pupils and cannot attend in-person instruction due to COVID-19 orders. Additionally, the bill allows employers of custodians of qualifying pupils to claim a credit for eligible expenditures paid on behalf of the custodian. The bill also includes emergency rulemaking provisions to facilitate the implementation of these tax credits, and exempts the credits from the automatic sunset provision.

Sponsors (20)

Last Action

Session Sine Die (on 01/07/2025)

bill text


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