Bill > SB3793

This bill reenacts and makes permanent the Invest in Kids Act, which allows taxpayers to receive a tax credit for making contributions to scholarship granting organizations that provide scholarships to eligible students for non-public schools. The bill amends the Illinois Income Tax Act to align with these changes, ensuring that the tax credit for these contributions continues to be available for tax years beginning on or after January 1, 2025, and exempts the Invest in Kids Act from a provision that would otherwise cause it to be repealed on January 1, 2025, thereby validating all past actions taken under the Act and ensuring its continuous effect since its original enactment.

https://www.ilga.gov/Legislation/BillStatus?DocNum=3793&GAID=18&DocTypeID=SB&SessionID=114&GA=104