INC TX-STUDENT CREDIT Senate SponsorsSen. Jil Tracy, Scott M. Bennett-Julie A. Morrison, Elgie R. Sims, Jr. and Laura M. Murphy 1/13/2021SenateSession Sine Die 35 ILCS 5/229 newAmends the Illinois Income Tax Act. Provides that each eligible student is entitled to a refundable income tax credit in an amount equal to $500. Provides that, if the eligible student may be claimed as a dependent on another taxpayer's return, then the taxpayer claiming the eligible student may claim the credit; however, only one taxpayer may claim the credit for any particular student. Effective immediately. 2/13/2019SenateFiled with Secretary by Sen. Jil Tracy 2/13/2019SenateFirst Reading 2/13/2019SenateReferred to Assignments 2/20/2019SenateAssigned to Revenue 3/5/2019SenateAdded as Co-Sponsor Sen. Scott M. Bennett 3/5/2019SenateAdded as Chief Co-Sponsor Sen. Julie A. Morrison 3/6/2019SenateTo Subcommittee on Tax Exemptions and Credits 3/7/2019SenateAdded as Co-Sponsor Sen. Elgie R. Sims, Jr. 3/7/2019SenateAdded as Co-Sponsor Sen. Laura M. Murphy 3/22/2019SenateRule 3-9(a) / Re-referred to Assignments 1/13/2021SenateSession Sine Die