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Inc Tx-early Childhood Credits

In committee: it can still change before the session ends.

IL HB 2959 · House Bill · 101st

Stage
In committee
Started in
House
Sponsor
1
Latest action
Mar 29, 2019

What it does

Amends the Illinois Income Tax Act. Creates an income tax credit for each taxpayer (i) whose federal adjusted gross income is less than 185% of the federal poverty level and (ii) who is the custodian of a child who attends a high quality early childhood education program during the taxable year. Provides that the term "high quality early childhood education program" means a program that is rated in the Gold Circle of Quality or the Silver Circle of Quality under the ExceleRate Illinois rating system. Creates an income tax credit for a business that (i) provides an early childhood program that is rated in the Gold Circle of Quality or the Silver Circle of Quality under the ExceleRate…

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Where it stands

  1. Introduced (Done)

  2. Committee (Current step)

    In committee · Mar 29, 2019

  3. Floor (Not started)

  4. Law (Not started)

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Who is involved

Sponsors

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Where it goes next

While a bill can still move, the questions are about people and money in Illinois.

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INC TX-EARLY CHILDHOOD CREDITS | 52