INC TX-STUDENT LOAN REPAYMENT

What it does

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

Amends the Illinois Income Tax Act. Creates an income tax deduction for any amounts paid by the taxpayer's employer on behalf of the taxpayer as part of an educational assistance program. Creates an income tax deduction for any amounts paid by the taxpayer on behalf of an employee of the taxpayer as part of an educational assistance program. Provides that the deductions are limited to the first $5,250 of such assistance so furnished to any individual. Effective immediately.

Every action

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

1. Jan 21, 2026HouseFiled with the Clerk by Rep. Katie Stuart
2. Jan 26, 2026HouseFirst Reading
3. Jan 26, 2026CommitteeReferred to Rules Committee · House Rules
4. Feb 17, 2026CommitteeAssigned to Revenue & Finance Committee · House Revenue & Finance
5. Feb 26, 2026CommitteeTo Tax Policy: Income Tax Subcommittee · House Tax Policy: Income Tax Subcommittee
6. Mar 27, 2026CommitteeRule 19(a) / Re-referred to Rules Committee · House Rules

Roll calls

No recorded votes on this bill yet.

Sponsors

The member who introduced it.

• Katie StuartD Primary sponsor · District 112