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<xml>
<title>Illinois General Assembly - Bill Status for SB 3132         </title>
<shortdesc>INC TX-CLASSROOM SUPPLY CREDIT</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Cristina Castro</sponsors>
</sponsor>
<lastaction>
<statusdate>1/9/2019</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/227 new</reference><aliasreference></aliasreference><SynopsisText>Amends the Illinois Income Tax Act. Allows an income tax credit for each individual taxpayer who is a teacher teaching in a school in Illinois. Provides that the amount of the credit is equal to 50% of the eligible classroom expenses made by the taxpayer during the taxable year, but the credit may not exceed $500. Defines "eligible classroom expenses" as the aggregate amount of nonreimbursed classroom expenses made by the taxpayer during the taxable year less $250. Provides that the credit may not be carried forward or back and may not reduce the taxpayer's liability to less than zero. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/15/2018</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Cristina Castro</action>
<statusdate>2/15/2018</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/15/2018</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/27/2018</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>4/13/2018</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As April 27, 2018</action>
<statusdate>4/27/2018</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>1/9/2019</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

