Illinois House Bill 2732: INC TX-INSTRUCTIONAL MATERIALS

Illinois · 104th session

What it does

Amends the Illinois Income Tax Act. Provides that the maximum amount for the credit for instructional materials and supplies shall be $500 for each semester in the taxable year for taxable years beginning on or after January 1, 2026 (currently, $500 per taxable year). Effective immediately.

Latest action

Rule 19(a) / Re-referred to Rules Committee (2025-03-21)

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