· IL legislature · 104th

INC TX-EDUCATION EXPENSE

Amends the Illinois Income Tax Act. Provides that the education expense credit shall be 50% of the qualified education expenses incurred by a custodian on behalf of a qualifying pupil. Provides that, for tax years ending on or after December 31, 2025, the education expense credit shall be no more than $2,000 per chi…

Sponsor

Ram Villivalam (D-IL)

Introduced

2025-02-06

Policy area

Education

Latest action

Rule 2-10 Committee Deadline Established As April 24, 2026