Senate Sponsors: CRONIN-PHILIP-KARPIEL-DUDYCZ-PETKA AND WALSH,T. House Sponsors: MCCARTHY-ACEVEDO-COWLISHAW-WOJCIK-MADIGAN,MJ Short description: INC TX-EDUCATION EXPENSE CR Synopsis of Bill as introduced: Amends the Illinois Income Tax Act. Provides that beginning with tax years ending after December 31, 1999, a taxpayer who is the custodian of a qualified pupil shall be allowed an income tax credit for qualified education expenses. Provides that any credit in excess of the tax liability shall be refunded to the taxpayer. Provides that the pupil must be (i) a resident of Illinois, (ii) under 21 years of age at the close of the school year for which the credit is sought, and (iii) a full-time pupil enrolled in a kindergarten through twelfth grade education program at any public or nonpublic elementary school that meets certain standards. Provides that qualified education expenses are costs in excess of $250 that are incurred on behalf of the pupil for tuition, book fees, and lab fees at the school. Provides that the credit is available to the parent, parents, or legal guardian of the pupil. Exempts the credit from the sunset provisions. SENATE AMENDMENT NO. 2. Deletes a provision authorizing a refund to the taxpayer for any credit in excess of tax liability. Provides that the credit shall not reduce the taxpayer's liability to less than zero. Last action on Bill: PUBLIC ACT.............................. 91-0009 Last action date: 99-06-03 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 1 END OF INQUIRY Full Text Bill Status