Illinois · Senate Bill 172 · 103rd General Assembly

ENDOW ILLINOIS CREDIT

SB 172 Sponsored by Sara Feigenholtz Died in committee

  1. Introduced Jan 31, 2023
  2. In committee Jan 31, 2023
  3. Died  
  4. Passed the House  
  5. To the governor  
  6. Became law  

What it does

The legislature's own summary of the bill, or its official long title.

Creates the Endow Illinois Tax Credit Act. Provides that the Department of Revenue shall award income tax credits to taxpayers who provide an endowment gift to a permanent endowment fund during the taxable year and receive a certificate of receipt for that gift. Provides that the credit is equal to 25% of the endowment gift. Contains provisions setting forth maximum credit amounts. Amends the Illinois Income Tax Act…

Read the full title (105 words)

Creates the Endow Illinois Tax Credit Act. Provides that the Department of Revenue shall award income tax credits to taxpayers who provide an endowment gift to a permanent endowment fund during the taxable year and receive a certificate of receipt for that gift. Provides that the credit is equal to 25% of the endowment gift. Contains provisions setting forth maximum credit amounts. Amends the Illinois Income Tax Act to require an addition modification equal to the amount of any federal deduction claimed for an endowment gift for which a taxpayer receives a credit under the Endow Illinois Tax Credit Act. Makes conforming changes. Effective immediately.

Every action

45 steps, oldest first, as the legislature records them.

Show the 37 earlier steps
  1. SenateFiled with Secretary by Sen. Sara Feigenholtz
  2. SenateFirst Reading
  3. CommitteeReferred to Assignments · Senate Assignments
  4. SenateAdded as Co-Sponsor Sen. Doris Turner
  5. CommitteeAssigned to Revenue · Senate Revenue
  6. SenateAdded as Chief Co-Sponsor Sen. Omar Aquino
  7. SenateAdded as Chief Co-Sponsor Sen. Michael W. Halpin
  8. SenateAdded as Co-Sponsor Sen. Jil Tracy
  9. SenateAdded as Chief Co-Sponsor Sen. David Koehler
  10. SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Sara Feigenholtz
  11. CommitteeSenate Committee Amendment No. 1 Referred to Assignments · Senate Assignments
  12. CommitteeSenate Committee Amendment No. 1 Assignments Refers to Revenue · Senate Assignments
  13. CommitteeSenate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments · Senate Assignments
  14. CommitteeRule 3-9(a) / Re-referred to Assignments · Senate Assignments
  15. SenateAdded as Co-Sponsor Sen. Sue Rezin
  16. SenateAdded as Co-Sponsor Sen. Sally J. Turner
  17. SenateAdded as Co-Sponsor Sen. Mattie Hunter
  18. SenateAdded as Chief Co-Sponsor Sen. Dale Fowler
  19. SenateAdded as Co-Sponsor Sen. Tom Bennett
  20. SenateAdded as Co-Sponsor Sen. Ram Villivalam
  21. SenateAdded as Co-Sponsor Sen. Linda Holmes
  22. SenateAdded as Co-Sponsor Sen. Andrew S. Chesney
  23. SenateAdded as Co-Sponsor Sen. Robert Peters
  24. SenateAdded as Co-Sponsor Sen. Javier L. Cervantes
  25. SenateAdded as Co-Sponsor Sen. Terri Bryant
  26. SenateAdded as Co-Sponsor Sen. Donald P. DeWitte
  27. SenateAdded as Co-Sponsor Sen. Laura Fine
  28. SenateAdded as Co-Sponsor Sen. Willie Preston
  29. CommitteeRe-assigned to Revenue · Senate Revenue
  30. SenateSenate Committee Amendment No. 2 Filed with Secretary by Sen. Sara Feigenholtz
  31. CommitteeSenate Committee Amendment No. 2 Referred to Assignments · Senate Assignments
  32. SenateAdded as Co-Sponsor Sen. Mary Edly-Allen
  33. CommitteeSenate Committee Amendment No. 2 Assignments Refers to Revenue · Senate Assignments
  34. SenateAdded as Co-Sponsor Sen. Adriane Johnson
  35. SenateAdded as Co-Sponsor Sen. Meg Loughran Cappel
  36. CommitteeSenate Committee Amendment No. 2 Rule 3-9(a) / Re-referred to Assignments · Senate Assignments
  37. CommitteeRule 3-9(a) / Re-referred to Assignments · Senate Assignments
  1. SenateAdded as Co-Sponsor Sen. Win Stoller
  2. SenateAdded as Co-Sponsor Sen. Bill Cunningham
  3. SenateAdded as Co-Sponsor Sen. Paul Faraci
  4. SenateAdded as Co-Sponsor Sen. Lakesia Collins
  5. SenateAdded as Co-Sponsor Sen. Karina Villa
  6. SenateAdded as Co-Sponsor Sen. Neil Anderson
  7. SenateAdded as Co-Sponsor Sen. Natalie Toro
  8. SenateSession Sine Die

Roll calls

No recorded votes on this bill yet.

Sponsors

The member who introduced it, joined by 29 cosponsors: 19 Democrats, 10 Republicans.

All 29 cosponsors

From Illinois's official records (www.ilga.gov), checked Nov 2, 2026. Text links go to the official versions; LegiList does not copy bill text.