Bill No. SB3618
Bill ID
1563907
State
IL
Title
REVENUE-INVEST IN KIDS
Description
Amends the Invest in Kids Act. Provides that students who are eligible to attend a qualifying pre-kindergarten school are also considered eligible students under the Act. Provides that the credit shall be equal to 100% (currently, 75%) of the total amount of qualified contributions made by the taxpayer during a taxable year. Removes a limitation that contributions may not be directed to a particular subset of schools, a particular school, a particular group of students, or a particular student. Provides that applications for scholarships for eligible students who received a scholarship from a scholarship granting organization during the previous school year shall be considered for re-application for the current school year and shall be considered received on the first day that the scholarship granting organization begins granting scholarships. Provides that the Act applies on a permanent basis. Effective immediately.
Bill Type
Bill
Category
Change to Program, Program Expansion, Tax Credit Vouchers
Session
102nd General Assembly
Special Session
No Data Available
Current Status
Introduced
Status Last Updated
2022-01-19
Pending Committee
Calendar
No data available
Sponsors
Texts
Votes
No data available
Amendments
No data available
Supplements
No data available