<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 3871         </title>
<shortdesc>INC TX-NIL DEDUCTION</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Travis Weaver</sponsors>
</sponsor>
<lastaction>
<statusdate>2/25/2025</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/203</reference><aliasreference>from Ch. 120, par. 2-203</aliasreference><SynopsisText>     Amends the Illinois Income Tax Act. Creates an income tax deduction in an amount equal to the amount of compensation that is earned during the taxable year by a taxpayer who is a student-athlete from the taxpayer's name, image, and likeness and that is included in the taxpayer's federal adjusted gross income for the taxable year.</SynopsisText></synopsis>
<actions>
<statusdate>2/19/2025</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Travis Weaver</action>
<statusdate>2/25/2025</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/25/2025</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>5/20/2025</statusdate><chamber>House</chamber><action>Motion Filed to Suspend Rule 21 Rules Committee;  Rep. Bob Morgan</action>
<statusdate>5/20/2025</statusdate><chamber>House</chamber><action>Motion to Suspend Rule 21 - Prevailed 005-000-000</action>
</actions>
</xml>

