Illinois 2023-2024 Regular Session

Illinois House Bill HB3910 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB3910 Introduced 2/17/2023, by Rep. Katie Stuart SYNOPSIS AS INTRODUCED: 35 ILCS 5/234 new Amends the Illinois Income Tax Act. Creates a credit for public school fees and contributions. Sets forth purposes for which those fees and contributions may be used. Provides that the credit may not exceed $200 for each individual taxpayer or $400 for a married couple filing jointly. Effective immediately. LRB103 25780 HLH 52129 b A BILL FOR 103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB3910 Introduced 2/17/2023, by Rep. Katie Stuart SYNOPSIS AS INTRODUCED: 35 ILCS 5/234 new 35 ILCS 5/234 new Amends the Illinois Income Tax Act. Creates a credit for public school fees and contributions. Sets forth purposes for which those fees and contributions may be used. Provides that the credit may not exceed $200 for each individual taxpayer or $400 for a married couple filing jointly. Effective immediately. LRB103 25780 HLH 52129 b LRB103 25780 HLH 52129 b A BILL FOR
2	2	103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB3910 Introduced 2/17/2023, by Rep. Katie Stuart SYNOPSIS AS INTRODUCED:
3	3	35 ILCS 5/234 new 35 ILCS 5/234 new
4	4	35 ILCS 5/234 new
5	5	Amends the Illinois Income Tax Act. Creates a credit for public school fees and contributions. Sets forth purposes for which those fees and contributions may be used. Provides that the credit may not exceed $200 for each individual taxpayer or $400 for a married couple filing jointly. Effective immediately.
6	6	LRB103 25780 HLH 52129 b LRB103 25780 HLH 52129 b
7	7	LRB103 25780 HLH 52129 b
8	8	A BILL FOR
9	9	HB3910LRB103 25780 HLH 52129 b HB3910 LRB103 25780 HLH 52129 b
10	10	HB3910 LRB103 25780 HLH 52129 b
11	11	1 AN ACT concerning revenue.
12	12	2 Be it enacted by the People of the State of Illinois,
13	13	3 represented in the General Assembly:
14	14	4 Section 5. The Illinois Income Tax Act is amended by
15	15	5 adding Section 234 as follows:
16	16	6 (35 ILCS 5/234 new)
17	17	7 Sec. 234. Credit for public school fees and contributions.
18	18	8 (a) For taxable years beginning on or after January 1,
19	19	9 2024, a credit is allowed against the taxes imposed by
20	20	10 subsections (a) and (b) of Section 201 in an amount equal to
21	21	11 the amount of any fees paid or cash contributions made by a
22	22	12 taxpayer or on the taxpayer's behalf during the taxable year
23	23	13 to a public school located in this State for the following
24	24	14 public school purposes:
25	25	15 (1) Standardized testing for college credit or
26	26	16 readiness offered by a widely recognized and accepted
27	27	17 educational testing organization.
28	28	18 (2) Costs associated with assessments for career and
29	29	19 technical preparation programs for pupils.
30	30	20 (3) Preparation courses and materials for standardized
31	31	21 testing.
32	32	22 (4) Cardiopulmonary resuscitation training.
33	33	23 (5) Costs associated with extracurricular activities,
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37	37	103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB3910 Introduced 2/17/2023, by Rep. Katie Stuart SYNOPSIS AS INTRODUCED:
38	38	35 ILCS 5/234 new 35 ILCS 5/234 new
39	39	35 ILCS 5/234 new
40	40	Amends the Illinois Income Tax Act. Creates a credit for public school fees and contributions. Sets forth purposes for which those fees and contributions may be used. Provides that the credit may not exceed $200 for each individual taxpayer or $400 for a married couple filing jointly. Effective immediately.
41	41	LRB103 25780 HLH 52129 b LRB103 25780 HLH 52129 b
42	42	LRB103 25780 HLH 52129 b
43	43	A BILL FOR
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49	49	35 ILCS 5/234 new
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53	53	LRB103 25780 HLH 52129 b
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66	66	HB3910- 2 -LRB103 25780 HLH 52129 b HB3910 - 2 - LRB103 25780 HLH 52129 b
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68	68	1 including, but not limited to: school band uniforms;
69	69	2 equipment or uniforms for school-sponsored athletic
70	70	3 activities; scientific laboratory materials; and in-state
71	71	4 or out-of-state trips that are solely for school-related
72	72	5 competitive events, not including any senior trips or
73	73	6 events that are recreational, solely for amusement, or
74	74	7 tourist activities.
75	75	8 (6) Character education programs.
76	76	9 (7) Community school meal programs.
77	77	10 (8) Student consumable health care supplies,
78	78	11 including, but not limited to, tissues, hand wipes,
79	79	12 bandages and other health care consumables that are
80	80	13 generally used by children.
81	81	14 (8) Playground equipment and shade structures for
82	82	15 playground equipment.
83	83	16 (b) In any taxable year, the amount of the credit shall not
84	84	17 exceed:
85	85	18 (1) $200 for a single individual or a head of
86	86	19 household; or
87	87	20 (2) $400 for a married couple filing a joint return.
88	88	21 Spouses who file separate returns for a taxable year in
89	89	22 which they could have filed a joint return may each claim only
90	90	23 one-half of the tax credit that would have been allowed for a
91	91	24 joint return.
92	92	25 (c) In no event shall a credit under this Section reduce
93	93	26 the taxpayer's liability to less than zero. If the amount of
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104	104	1 the credit exceeds the tax liability for the year, the excess
105	105	2 may be carried forward and applied to the tax liability of the
106	106	3 5 taxable years following the excess credit year. The tax
107	107	4 credit shall be applied to the earliest year for which there is
108	108	5 a tax liability. If there are credits for more than one year
109	109	6 that are available to offset a liability, the earlier credit
110	110	7 shall be applied first.
111	111	8 (d) A public school that receives fees or a cash
112	112	9 contribution that qualifies for a credit under this Section
113	113	10 shall report to the State Board of Education, in a form
114	114	11 prescribed by the State Board of Education, by February 28 of
115	115	12 each year the following information:
116	116	13 (1) the total number of fee and cash contribution
117	117	14 payments received during the previous calendar year;
118	118	15 (2) the total dollar amount of fees and contributions
119	119	16 received during the previous calendar year; and
120	120	17 (3) the total dollar amount of fees and contributions
121	121	18 spent by the school during the previous calendar year,
122	122	19 categorized by specific standardized testing, preparation
123	123	20 courses and materials for standardized testing,
124	124	21 extracurricular activity, or character education program.
125	125	22 (e) This Section is exempt from the provisions of Section
126	126	23 250.
127	127	24 Section 99. Effective date. This Act takes effect upon
128	128	25 becoming law.
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134	134	HB3910 - 3 - LRB103 25780 HLH 52129 b