2023-2024 Regular SessionIllinois Legislature

SB3329: INC TX-CHILD TAX CREDIT

Legislative Summary

Amends the Illinois Income Tax Act. Creates a child tax credit in an amount equal to the product of a specified credit amount multiplied by the number of qualifying children of the taxpayer. Effective immediately.

Demographic Impact

Overall analysis of equity impact

90% Positive
High ConfidenceView detailed demographic breakdown ↓

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Bill History

2/7/2024
Filed with Secretary by Sen. Omar Aquino
Senate
2/7/2024
First Reading
Senate
2/7/2024
Referred to Assignments
Senate
2/15/2024
Added as Co-Sponsor Sen. Michael W. Halpin
Senate
2/20/2024
Assigned to Revenue
Senate
2/23/2024
Added as Co-Sponsor Sen. Doris Turner
Senate
2/29/2024
Added as Co-Sponsor Sen. Bill Cunningham
Senate
3/5/2024
Added as Co-Sponsor Sen. Rachel Ventura
Senate
3/6/2024
Added as Co-Sponsor Sen. Adriane Johnson
Senate
3/6/2024
Added as Co-Sponsor Sen. Mary Edly-Allen
Senate
3/7/2024
Added as Chief Co-Sponsor Sen. Mike Simmons
Senate
3/7/2024
Added as Chief Co-Sponsor Sen. Ram Villivalam
Senate
3/8/2024
Added as Co-Sponsor Sen. Javier L. Cervantes
Senate
3/12/2024
Added as Co-Sponsor Sen. Ann Gillespie
Senate
3/13/2024
Added as Co-Sponsor Sen. Christopher Belt
Senate
3/13/2024
Added as Co-Sponsor Sen. David Koehler
Senate
3/13/2024
Added as Co-Sponsor Sen. Paul Faraci
Senate
3/13/2024
Added as Chief Co-Sponsor Sen. Javier L. Cervantes
Senate
3/13/2024
Added as Co-Sponsor Sen. Robert Peters
Senate
3/13/2024
Added as Co-Sponsor Sen. Cristina Castro
Senate
3/13/2024
Added as Co-Sponsor Sen. Mattie Hunter
Senate
3/14/2024
Added as Co-Sponsor Sen. Napoleon Harris, III
Senate
3/14/2024
Added as Co-Sponsor Sen. Laura Fine
Senate
3/14/2024
Added as Co-Sponsor Sen. Steve Stadelman
Senate
3/15/2024
Rule 3-9(a) / Re-referred to Assignments
Senate
3/20/2024
Added as Chief Co-Sponsor Sen. Lakesia Collins
Senate
3/20/2024
Added as Co-Sponsor Sen. Mike Porfirio
Senate
3/20/2024
Added as Co-Sponsor Sen. Patrick J. Joyce
Senate
3/21/2024
Added as Co-Sponsor Sen. Laura M. Murphy
Senate
3/21/2024
Added as Co-Sponsor Sen. Robert F. Martwick
Senate
3/22/2024
Added as Co-Sponsor Sen. Celina Villanueva
Senate
3/22/2024
Added as Co-Sponsor Sen. Willie Preston
Senate
3/22/2024
Added as Co-Sponsor Sen. Karina Villa
Senate