HB4107 - 104th General Assembly (2025-2026)

EDUCATION SAVINGS POOL
Last Action
10/15/2025 - House: Referred to Rules Committee
House Sponsors
Rep. Tom Weber
Statutes Amended In Order of Appearance
15 ILCS 505/16.5  
15 ILCS 505/16.8  
15 ILCS 520/22.5  from Ch. 130, par. 41a
35 ILCS 5/203  from Ch. 120, par. 2-203
35 ILCS 5/218  
735 ILCS 5/12-1001  from Ch. 110, par. 12-1001
750 ILCS 5/513  from Ch. 40, par. 513
Synopsis As Introduced
Amends the State Treasurer Act. Changes the name of the "College Savings Pool" to the "College, Secondary, and Elementary Education Savings Pool". In provisions relating to the College, Secondary, and Elementary Education Savings Pool established by the State Treasurer pursuant to Section 529 of the Internal Revenue Code, provides that an "eligible educational institution" includes elementary or secondary public, private, or religious schools and "qualified expenses" include expenses, up to $10,000 per taxable year, for tuition in connection with enrollment or attendance at an elementary or secondary public, private, or religious school. Amends the Deposit of State Moneys Act, Illinois Income Tax Act, the Code of Civil Procedure, and the Illinois Marriage and Dissolution of Marriage Act to make conforming changes. Effective immediately.
Actions
DateChamberAction
8/26/2025HouseFiled with the Clerk by Rep. Tom Weber
10/15/2025HouseFirst Reading
10/15/2025HouseReferred to Rules Committee