INC TX-ABLE CONTRIBUTIONS
Summary
Amends the Illinois Income Tax Act. Creates a deduction in an amount equal to the amount contributed by taxpayer during the taxable year to an ABLE account. Provides that the deduction shall not exceed $10,000 per taxpayer in any taxable year. Provides that the deduction is exempt from the Act's automatic sunset provision. Effective immediately.
Bill status
failed
3 of 5 stages cleared
Introduction
Apr 2018
Committee Review
May 2018
Senate Passage
Apr 2018
House Passage
Governor
Introduced Apr 26, 2018
Last action Jan 9, 2019
Floor votes · Senate Apr 26, 2018
How they voted
42–0
Passed · 6 other
Total votes 48
Apr 26, 2018
D
Democratic28
92% Yea
R
Republican20
80% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
38
Key actions
5
Committee
11
May 31, 2018
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
May 18, 2018
Committee
Assigned to Executive Committee
lower
Apr 26, 2018
Committee
Referred to Rules Committee
lower
Apr 26, 2018
Introduced
Arrived in House
lower
Apr 26, 2018
Senate · Passed
Senate Vote: pass (42-0-6)
senate
Apr 25, 2018
Upper · Passed
Do Pass Revenue; 006-000-000
upper
Apr 13, 2018
Upper · Passed
Rule 2-10 Committee Deadline Established As April 27, 2018
upper
Jan 30, 2018
Committee
Re-assigned to Revenue
upper
May 5, 2017
Committee
Rule 3-9(a) / Re-referred to Assignments
upper
Apr 7, 2017
Upper · Passed
Rule 2-10 Committee Deadline Established As May 5, 2017
upper
Mar 17, 2017
Upper · Passed
Rule 2-10 Committee Deadline Established As April 7, 2017
upper
Feb 28, 2017
Committee
Assigned to Revenue
upper
Feb 10, 2017
Committee
Referred to Assignments
upper
0 primary · 3 co-sponsors
Sponsors
No sponsor information available.
Ask Maddy
·
AI policy assistant
Ask Maddy about SB 2017
Scope: IL
Hi! I can help you understand SB 2017. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline