<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 3413         </title>
<shortdesc>INC TX-TEACHER LOAN REPAYMENT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Melissa Conyears-Ervin</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2021</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/203</reference><aliasreference>from Ch. 120, par. 2-203</aliasreference><reference>110 ILCS 947/65.56</reference><aliasreference></aliasreference><reference>30 ILCS 105/5.891 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Higher Education Student Assistance Act. Creates the Illinois Teacher Loan Repayment Fund. Provides that moneys in the Fund shall be used by the Illinois Student Assistance Commission for the purpose of making grants under the Illinois Teachers and Child Care Providers Loan Repayment Program. Amends the Illinois Income Tax Act. Creates a deduction for individuals, trusts, estates, partnerships, and corporations in an amount equal to the amount of donations made by the taxpayer to the Illinois Teacher Loan Repayment Fund during the taxable year. Amends the State Finance Act to make conforming changes. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/15/2019</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Melissa Conyears-Ervin</action>
<statusdate>2/15/2019</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/15/2019</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/5/2019</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/14/2019</statusdate><chamber>House</chamber><action>To Income Tax Subcommittee</action>
<statusdate>3/29/2019</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/13/2021</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

