HB 4107

Illinois House of Representatives bill in Session 104.

Status: in_committee. Latest action: March 27, 2026.

EDUCATION SAVINGS POOL.

Bill ID IL-104-HB-4107
Session 104
Status in_committee
Committee Rules Committee
House of Representatives in_committee 2026-03-27
Summary

Amends the State Treasurer Act. Changes the name of the "College Savings Pool"" to the ""College, Secondary, and Elementary Education Savings Pool"". In provisions relating to the College, Secondary, and Elementary Education Savings Pool established by the State Treasurer pursuant to Section 529 of the Internal Revenue Code, provides that an ""eligible educational institution"" includes elementary or secondary public, private, or religious schools and ""qualified expenses"" include expenses, up to $10, 000 per taxable year, for tuition in connection with enrollment or attendance at an elementary or secondary public, private, or religious school. Amends the Deposit of State Moneys Act, Illinois Income Tax Act, the Code of Civil Procedure, and the Illinois Marriage and Dissolution of Marriage Act to make conforming changes. Effective immediately."

Sponsor
Tom Weber
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-10-15 Introduced Bill introduced
2026-03-27 Status in_committee
2026-03-27 Latest Action 3/27/2026 - House:
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