<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 1245         </title>
<shortdesc>INVEST IN KIDS-VARIOUS</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Jil Tracy</sponsors>
</sponsor>
<lastaction>
<statusdate>1/7/2025</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/224</reference><aliasreference></aliasreference><reference>35 ILCS 40/65</reference><aliasreference></aliasreference><SynopsisText>Amends the Illinois Income Tax Act and the Invest in Kids Act. Provides that the Invest in Kids credit applies permanently (currently, the credit applies for taxable years ending before January 1, 2024). Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/2/2023</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Jil Tracy</action>
<statusdate>2/2/2023</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/2/2023</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>1/7/2025</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

