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<xml>
<title>Illinois General Assembly - Bill Status for HB 3032   </title>
<shortdesc>SAVINGS POOL FOR DEV DISABLED</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Kelly Burke-Elaine Nekritz-Sidney H. Mathias-Patricia R. Bellock-Michelle Mussman, Michael P. McAuliffe, Renée Kosel, Carol A. Sente, Chris Nybo, Angelo Saviano, Ann Williams, Kelly M. Cassidy, Jehan A. Gordon, Keith Farnham and Fred Crespo</sponsors>
</sponsor>
<lastaction>
<statusdate>1/8/2013</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>15 ILCS 505/17.10 new</reference><aliasreference></aliasreference><reference>35 ILCS 5/203</reference><aliasreference>from Ch. 120, par. 2-203</aliasreference><SynopsisText>     Amends the State Treasurer Act. Authorizes the State Treasurer to establish and administer an Educational Opportunities for the Developmentally Disabled Savings Pool to supplement and enhance the investment opportunities otherwise available to persons seeking to finance the costs of providing expanded educational and employment opportunities to persons with a developmental disability. Provides that participants in the Pool are required to use moneys distributed from the Pool for qualified expenses. Contains penalty provisions. Sets forth the duties of the State Treasurer with respect to the Educational Opportunities for the Developmentally Disabled Savings Pool. Defines "developmental disability" and "qualified expenses". Amends the Illinois Income Tax Act. Creates a deduction for individual taxpayers equal to the amount contributed by the taxpayer to an Educational Opportunities for the Developmentally Disabled Savings Pool account during the taxable year, but not to exceed $20,000 per taxable year. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/23/2011</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Kelly Burke</action>
<statusdate>2/23/2011</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/23/2011</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/28/2011</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/1/2011</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Elaine Nekritz</action>
<statusdate>3/1/2011</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Sidney H. Mathias</action>
<statusdate>3/2/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Michael P. McAuliffe</action>
<statusdate>3/8/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Renée Kosel</action>
<statusdate>3/9/2011</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Patricia R. Bellock</action>
<statusdate>3/10/2011</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Michelle Mussman</action>
<statusdate>3/16/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Carol A. Sente</action>
<statusdate>3/17/2011</statusdate><chamber>House</chamber><action>Recommends Do Pass Subcommittee/ Revenue &amp; Finance Committee;  003-000-000</action>
<statusdate>3/17/2011</statusdate><chamber>House</chamber><action>Remains in Revenue &amp; Finance Committee</action>
<statusdate>3/17/2011</statusdate><chamber>House</chamber><action>Do Pass / Standard Debate Revenue &amp; Finance Committee;  005-004-000</action>
<statusdate>3/17/2011</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Standard Debate</action>
<statusdate>4/14/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Chris Nybo</action>
<statusdate>4/14/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Angelo Saviano</action>
<statusdate>4/14/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Ann Williams</action>
<statusdate>4/14/2011</statusdate><chamber>House</chamber><action>Second Reading - Standard Debate</action>
<statusdate>4/14/2011</statusdate><chamber>House</chamber><action>Held on Calendar Order of Second Reading - Standard Debate</action>
<statusdate>4/15/2011</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/30/2012</statusdate><chamber>House</chamber><action>Approved for Consideration Rules Committee;  003-000-000</action>
<statusdate>1/30/2012</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Standard Debate</action>
<statusdate>2/8/2012</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Kelly M. Cassidy</action>
<statusdate>2/15/2012</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Jehan A. Gordon</action>
<statusdate>2/15/2012</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Keith Farnham</action>
<statusdate>2/16/2012</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Fred Crespo</action>
<statusdate>3/30/2012</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/8/2013</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

