Bill Status of HB 1729   104th General Assembly

Short Description:  INC TX-TECHNICAL CAREERS

House Sponsors
Rep. Michael J. Coffey, Jr.

Last Action  View All Actions

DateChamber Action
  1/28/2025HouseReferred to Rules Committee

Statutes Amended In Order of Appearance
New Act
35 ILCS 5/246 new

Synopsis As Introduced
Creates the Reinvest in Future Technical Careers Act. Provides that the Department of Revenue shall award income tax credits to taxpayers who make authorized contributions to scholarship granting organizations for the purpose of awarding scholarships to eligible students who attend technical academies. Sets forth limitations with respect to the aggregate amount of credits awarded by the Department of Revenue under the program in a calendar year and the amount of credits awarded to an individual taxpayer. Amends the Illinois Income Tax Act to make conforming changes.

Actions 
DateChamber Action
  1/24/2025HouseFiled with the Clerk by Rep. Michael J. Coffey, Jr.
  1/28/2025HouseFirst Reading
  1/28/2025HouseReferred to Rules Committee

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