HB1752 - 104th General Assembly (2025-2026)

INC TX-STUDENT LOAN REPAYMENT
Last Action

3/21/2025 - House: Rule 19(a) / Re-referred to Rules Committee
Statutes Amended In Order of Appearance

Synopsis As Introduced

Amends the Illinois Income Tax Act. Creates an income tax deduction for any amounts paid by the taxpayer's employer on behalf of the taxpayer as part of an educational assistance program. Creates an income tax deduction for any amounts paid by the taxpayer on behalf of an employee of the taxpayer as part of an educational assistance program. Provides that the deductions are limited to the first $5,250 of such assistance so furnished to any individual. Effective immediately.
Actions

DateChamberAction
1/24/2025HouseFiled with the Clerk by Rep. Brad Stephens
1/28/2025HouseFirst Reading
1/28/2025HouseReferred to Rules Committee
2/10/2025HouseAdded Co-Sponsor Rep. Tony M. McCombie
2/25/2025HouseAssigned to Revenue & Finance Committee
3/03/2025HouseAdded Co-Sponsor Rep. Nicole La Ha
3/03/2025HouseTo Tax Policy: Income Tax Subcommittee
3/05/2025HouseAdded Co-Sponsor Rep. Joe C. Sosnowski
3/05/2025HouseAdded Co-Sponsor Rep. Amy Elik
3/05/2025HouseAdded Co-Sponsor Rep. Jackie Haas
3/05/2025HouseAdded Co-Sponsor Rep. Patrick Windhorst
3/06/2025HouseAdded Co-Sponsor Rep. Kevin Schmidt
3/13/2025HouseAdded Co-Sponsor Rep. Jennifer Sanalitro
3/21/2025HouseRule 19(a) / Re-referred to Rules Committee