INVEST IN KIDS-REENACT

HB 2649 reenacts and makes permanent Illinois' "Invest in Kids Act," allowing taxpayers to make tax-deductible contributions to scholarship-granting organizations. These contributions fund scholarships covering "necessary costs and fees" for eligible students from low-income households (initial income ≤ 300% of federal poverty level, rising to 400% after receiving a scholarship) to attend qualified non-public schools in Illinois. The bill establishes requirements for technical academies offering career-focused CTE programs aligned with industry needs and wage standards. It amends the Illinois Income Tax Act to permanently integrate this scholarship program, effective immediately.