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SB 507 Illinois Senate · 94th Regular Session

INC TX-TUITION SAVINGS

Summary
Amends the Illinois Income Tax Act. Ends, with taxable years ending on or before December 31, 2004, the addition modification requirement for individuals for distributions from non-Illinois qualified tuition programs under provisions of the Internal Revenue Code. Allows a deduction for individuals, for taxable years beginning on or after January 1, 2005 of up to $10,000 for contributions to all qualified tuition programs under the Internal Revenue Code (now, the deduction is allowed only for contributions to a College Savings Pool Account or to the Illinois Prepaid Tuition Trust Fund). Effective immediately.
Bill status failed 3 of 5 stages cleared
Introduction
May 2005
Committee Review
May 2005
Senate Passage
May 2005
House Passage
Governor
Introduced May 29, 2005 Last action Jan 9, 2007
Floor votes · Senate May 28, 2005

How they voted

42–2
Passed · 8 other
Total votes 52
May 28, 2005
D Democratic27
25 Yea 2
92% Yea
R Republican25
17 Yea 2 Nay 6
68% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
44
Key actions
6
Committee
9
Amendments
10
May 29, 2005
Committee
Referred to Rules Committee
lower
May 29, 2005
Introduced
Arrived in House
lower
May 28, 2005
Upper · Passed
Senate Floor Amendment No. 3 Adopted; Clayborne
upper
May 28, 2005
Amended
Senate Floor Amendment No. 2 Tabled
upper
May 28, 2005
Introduced
Senate Floor Amendment No. 2 Motion to Table Amendment - Prevailed Clayborne
upper
May 28, 2005
Introduced
Senate Floor Amendment No. 3 Recommend Do Adopt Higher Education; 009-000-000
upper
May 28, 2005
Introduced
Senate Floor Amendment No. 3 Rules Refers to Higher Education
upper
May 28, 2005
Senate · Passed
Senate Vote: pass (42-2-8)
senate
May 27, 2005
Committee
Senate Floor Amendment No. 3 Referred to Rules
upper
May 27, 2005
Introduced
Senate Floor Amendment No. 3 Filed with Secretary by Sen. James F. Clayborne, Jr.
upper
Apr 21, 2005
Upper · Passed
Senate Floor Amendment No. 2 Be Adopted Higher Education; 006-000-000
upper
Apr 19, 2005
Introduced
Senate Floor Amendment No. 2 Rules Refers to Higher Education
upper
Apr 13, 2005
Committee
Senate Floor Amendment No. 2 Referred to Rules
upper
Apr 13, 2005
Introduced
Senate Floor Amendment No. 2 Filed with Secretary by Sen. James F. Clayborne, Jr.
upper
Mar 17, 2005
Upper · Passed
Do Pass as Amended Higher Education; 010-000-000
upper
Mar 16, 2005
Upper · Passed
Senate Committee Amendment No. 1 Adopted
upper
Mar 16, 2005
Upper · Passed
Senate Committee Amendment No. 1 Rules Refers to Higher Education
upper
Mar 16, 2005
Committee
Senate Committee Amendment No. 1 Referred to Rules
upper
Mar 16, 2005
Introduced
Senate Committee Amendment No. 1 Filed with Secretary by Sen. James F. Clayborne, Jr.
upper
Feb 23, 2005
Committee
Assigned to Higher Education
upper
Feb 17, 2005
Committee
Referred to Rules
upper
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.