INCOME TAX-EDUCATION CREDIT Senate SponsorsSen. Omar Aquino-John Connor, Michael E. Hastings, Robert F. Martwick, Meg Loughran Cappel, Elgie R. Sims, Jr., Mattie Hunter, Celina Villanueva, Karina Villa, Christopher Belt and Laura Fine 1/10/2023SenateSession Sine Die 35 ILCS 5/232 newAmends the Illinois Income Tax Act. Provides that each qualified teacher is entitled to an income tax credit in an aggregate amount equal to 50% of the tuition costs incurred by that teacher at a public university in the State. Provides that each qualified teacher may take no more than 20% of his or her aggregate credit amount in any taxable year. Provides that the term "qualified teacher" means an individual who (i) graduated from a public university in the State, (ii) is employed as a teacher in this State during the taxable year, and (iii) has been employed as a teacher in the State for at least 5 consecutive years as of the first day of the taxable year. Effective immediately. 2/26/2021SenateFiled with Secretary by Sen. Omar Aquino 2/26/2021SenateFirst Reading 2/26/2021SenateReferred to Assignments 3/16/2021SenateAssigned to Revenue 3/19/2021SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Omar Aquino 3/19/2021SenateSenate Committee Amendment No. 1 Referred to Assignments 3/23/2021SenateSenate Committee Amendment No. 1 Assignments Refers to Revenue 3/24/2021SenateTo Credits, Deductions, and Exemptions 4/16/2021SenateRule 3-9(a) / Re-referred to Assignments 4/16/2021SenateSenate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments 4/21/2021SenateAdded as Chief Co-Sponsor Sen. John Connor 4/21/2021SenateAdded as Co-Sponsor Sen. Michael E. Hastings 4/21/2021SenateAdded as Co-Sponsor Sen. Robert F. Martwick 4/21/2021SenateAdded as Co-Sponsor Sen. Meg Loughran Cappel 4/21/2021SenateAdded as Co-Sponsor Sen. Elgie R. Sims, Jr. 4/22/2021SenateAdded as Co-Sponsor Sen. Mattie Hunter 4/22/2021SenateAdded as Co-Sponsor Sen. Celina Villanueva 4/22/2021SenateAdded as Co-Sponsor Sen. Karina Villa 4/23/2021SenateAdded as Co-Sponsor Sen. Christopher Belt 4/23/2021SenateAdded as Co-Sponsor Sen. Laura Fine 1/10/2023SenateSession Sine Die