INC TX-HIGHER EDUCATION CREDIT House SponsorsRep. Jay Hoffman-Michael J. Coffey, Jr. 1/7/2025HouseSession Sine Die 35 ILCS 5/20335 ILCS 5/23135 ILCS 5/231.1 new35 ILCS 5/241 new Amends the Illinois Income Tax Act. Creates a deduction for any amount included in the taxpayer's federal adjusted gross income as a result of discharge of student loan indebtedness. Creates an income tax credit for qualified higher education expenses incurred during the taxable year by or on behalf of a qualifying public university student or community college student. Creates an income tax credit for qualified higher education expenses incurred during the taxable year by the parent or guardian of a qualified apprentice, trade, or vocational student. Effective immediately. 2/8/2024HouseFiled with the Clerk by Rep. Jay Hoffman 2/8/2024HouseAdded Chief Co-Sponsor Rep. Michael J. Coffey, Jr. 2/9/2024HouseFirst Reading 2/9/2024HouseReferred to Rules Committee 2/28/2024HouseAssigned to Revenue & Finance Committee 3/8/2024HouseTo Revenue-Income Tax Subcommittee 4/5/2024HouseRule 19(a) / Re-referred to Rules Committee 1/7/2025HouseSession Sine Die