HB 1729 Illinois House · 104th Regular Session

INC TX-TECHNICAL CAREERS

Summary
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.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 24, 2025 Last action Mar 13, 2025
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Full legislative history

Actions timeline

Total actions
16
Key actions
0
Committee
1
Jan 28, 2025
Committee
Referred to Rules Committee
lower
1 primary · 12 co-sponsors

Sponsors