Sen. Omar Aquino
Filed: 3/21/2023
 
 

 

 

 
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1
AMENDMENT TO SENATE BILL 804




2    AMENDMENT NO. ______. Amend Senate Bill 804 by replacing 
3everything after the enacting clause with the following:

 
4    "Section 5. The Illinois Income Tax Act is amended  by 
5adding Section 234 as follows:
 
6    (35 ILCS 5/234 new)
7    Sec. 234. Credit for qualified teachers.
8    (a) For taxable years ending on or after December 31, 
92023, each qualified teacher is entitled to a credit against 
10the taxes imposed by subsections (a) and (b) of Section 201 in 
11an aggregate amount equal to 50% of the total unreimbursed 
12tuition costs incurred by that teacher to attend a public 
13university in the State. Each qualified teacher may take no 
14more than 20% of the aggregate credit available to that 
15teacher under this Section in any taxable year.  Qualified 
16teachers must be actively employed as public school teachers 
 
 
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1in the State during each taxable year in which they claim a 
2credit under this Section. Notwithstanding the provisions of 
3this subsection, the credit used by any single qualified 
4teacher in any taxable year shall not exceed $10,000. 
5    (b) In no event shall a credit under this Section reduce a

6taxpayer's liability to less than zero. If the amount of

7credit exceeds the tax liability for the year, the excess may

8be carried forward and applied to the tax liability for the 
9taxable years following the excess credit year. The tax credit

10shall be applied to the earliest year for which there is a tax

11liability. If there are credits for more than one year that are

12available to offset liability, the earlier credit shall be

13applied first. 
14    (c) As used in this Section, "qualified teacher" means an

15individual who (i) graduates from a public university in the

16State on or after the effective date of this amendatory Act of 
17the 103rd General Assembly, (ii) is first employed as a public 
18school teacher after
December 31, 2023, and (iii) has been 
19employed as a public
school teacher in the State for at least 5 
20consecutive years prior to the first day of the taxable year or 
21has achieved and maintained contractual continued service 
22status pursuant to the School Code as of the first day of the 
23taxable year. 
24    (d) The Department shall adopt rules to implement this

25Section. 
26    (e) This Section is exempt from the provisions of Section

 
 
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1250. 

 
2    Section 99. Effective date. This Act takes effect upon 
3becoming law.".