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HB 3871

Illinois House of Representatives bill in Session 104.

Status: in_committee. Latest action: February 25, 2025.

INC TX-NIL DEDUCTION.

Bill ID IL-104-HB-3871
Session 104
Status in_committee
Committee Rules Committee
House of Representatives in_committee 2025-02-25
Summary

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.

Sponsor
Travis Weaver
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-02-25 Introduced Bill introduced
2025-02-25 Status in_committee
2025-02-25 Latest Action 2/25/2025 - House:
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