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HB 2732

Illinois House of Representatives bill in Session 104.

Status: in_committee. Latest action: March 21, 2025.

INC TX-INSTRUCTIONAL MATERIALS.

Bill ID IL-104-HB-2732
Session 104
Status in_committee
Committee Tax Policy: Income Tax Subcommittee
House of Representatives in_committee 2025-03-21
Summary

Amends the Illinois Income Tax Act. Provides that the maximum amount for the credit for instructional materials and supplies shall be $500 for each semester in the taxable year for taxable years beginning on or after January 1, 2026 (currently, $500 per taxable year). Effective immediately.

Sponsor
Rick Ryan
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-02-06 Introduced Bill introduced
2025-03-21 Status in_committee
2025-03-21 Latest Action 3/21/2025 - House:
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