Bill Status of HB 1853   104th General Assembly


Short Description:  TREASURER-HIGHER EDUCATION

House Sponsors
Rep. Curtis J. Tarver, II

Last Action  View All Actions

DateChamber Action
  1/29/2025HouseReferred to Rules Committee

Statutes Amended In Order of Appearance
15 ILCS 505/16.11 new
35 ILCS 5/252 new
30 ILCS 105/5.1030 new

Synopsis As Introduced
Amends the State Treasurer Act. Provides that the State Treasurer shall establish and administer the Invest in Illinois Higher Education Program for the purposes of expanding access to higher education through scholarships awarded from the Invest in Illinois Higher Education Fund. Amends the State Finance Act. Creates the Invest in Illinois Higher Education Fund. Amends the Illinois Income Tax Act. Creates an income tax credit in an amount equal to any donations made by the taxpayer to the Invest in Illinois Higher Education Fund. Effective immediately.

Actions 
DateChamber Action
  1/28/2025HouseFiled with the Clerk by Rep. Curtis J. Tarver, II
  1/29/2025HouseFirst Reading
  1/29/2025HouseReferred to Rules Committee

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