Illinois House of Representatives bill in Session 104.
Status: in_committee. Latest action: February 25, 2025.
INC TX-NIL DEDUCTION.
Amends the Illinois Income Tax Act. Creates an income tax deduction in an amount equal to the amount of compensation that is earned during the taxable year by a taxpayer who is a student-athlete from the taxpayer's name, image, and likeness and that is included in the taxpayer's federal adjusted gross income for the taxable year.
| Date | Event | Detail |
|---|---|---|
| 2025-02-25 | Introduced | Bill introduced |
| 2025-02-25 | Status | in_committee |
| 2025-02-25 | Latest Action | 2/25/2025 - House: |