Bill No. HB1257
Summary
Status
Sponsors
Texts
Votes
Amendments
Supplements
History
Summary
Bill ID
1667381
State
IL
Title
IL HB1257 - INVEST IN KIDS-CREDIT AMOUNT
Description
Amends the Invest in Kids Act. Provides that, for taxable years beginning on or after January 1, 2023, the credit shall be equal to 100% (rather than 75%) of the total amount of qualified contributions made by the taxpayer during the taxable year, not to exceed a credit of $1,000,000 per taxpayer. Effective immediately.
Bill Type
Bill
Category
Change to Program, Tax Credit Vouchers, Program Expansion
Session
103rd General Assembly
Special Session
No Data Available
Status
Current Status
Failed
Status Last Updated
2025-01-07
Pending Committee
Calendar
No data available
Sponsors
Sponsors
R
Rep
Joe Sosnowski
HD-069
1
0
R
Rep
Adam Niemerg
HD-102
2
0
R
Rep
Travis Weaver
HD-093
3
0
R
Rep
Amy Grant
HD-047
4
0
R
Rep
Ryan Spain
HD-073
5
0
D
Rep
Joyce Mason
HD-061
6
0
R
Rep
Mike Coffey
HD-095
7
0
Texts
Texts
2023-01-18
Introduced
text/html
https://legiscan.com/IL/text/HB1257/id/2649084
Votes
Votes
No data available
Amendments
Amendments
0
H
2023-03-03
House Amendment 001
House Amendment 001
Supplements
Supplements
No data available
History
Progress
2023-01-18
Introduced
2023-01-31
Refer
2023-02-28
Refer
2023-03-10
Refer
2023-03-10
Refer
2025-01-07
Failed
History
2023-01-18
Filed with the Clerk by Rep. Joe C. Sosnowski
H
2023-01-19
Added Chief Co-Sponsor Rep. Adam M. Niemerg
H
2023-01-19
Added Co-Sponsor Rep. Travis Weaver
H
2023-01-31
First Reading
H
2023-01-31
Referred to Rules Committee
H
2023-02-14
Added Co-Sponsor Rep. Amy L. Grant
H
2023-02-28
Assigned to Revenue & Finance Committee
H
2023-03-03
House Committee Amendment No. 1 Filed with Clerk by Rep. Joe C. Sosnowski
H
2023-03-03
House Committee Amendment No. 1 Referred to Rules Committee
H
2023-03-07
House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
H
2023-03-09
To Revenue - Tax Credit and Incentives Subcommittee
H
2023-03-10
House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee
H
2023-03-10
Rule 19(a) / Re-referred to Rules Committee
H
2023-05-18
Added Co-Sponsor Rep. Ryan Spain
H
2023-10-04
Added Co-Sponsor Rep. Michael J. Coffey, Jr.
H
2025-01-07
Session Sine Die
H