2023-2024 Regular Session • Illinois Legislature
HB4691: INVEST IN KIDS-SUNSET
Legislative Summary
Amends the Illinois Income Tax Act and the Invest in Kids Act. Provides that the Invest in Kids credit applies for taxable years ending before January 1, 2035 (currently, January 1, 2024). Effective immediately.
Demographic Impact
Overall analysis of equity impact
60% Positive
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Bill History
2/1/2024
Filed with the Clerk by Rep. Tim Ozinga
House of Representatives
2/6/2024
First Reading
House of Representatives
2/6/2024
Referred to Rules Committee
House of Representatives
2/9/2024
Added Chief Co-Sponsor Rep. Dan Ugaste
House of Representatives
2/26/2024
Added Co-Sponsor Rep. Michael J. Coffey, Jr.
House of Representatives
3/6/2024
Added Chief Co-Sponsor Rep. Joe C. Sosnowski
House of Representatives
Status Information
Current Status
Introduced(2/1/2024)
Chamber
House of Representatives
Committee
Rules(House of Representatives)
Sponsors
Republican: 4
Primary Sponsor
Tim Ozinga
Republican