---
type: "Bill"
title: "INC TX-STUDENT ASSISTANCE"
description: "Amends the Illinois Income Tax Act. Provides that the credit for student-assistance contributions sunsets on December 31, 2031 (currently, December 30, 2021). Provides that, for taxable years ending on or after December 31, 2021, the maximum student-assistance credit is $1,000 per contributing employee per taxable year (currently, $500). Effective immediately."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "102nd"
identifier: "SB 340"
citation: "Illinois SB 340 (102nd)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Lindsey LaPointe", "Mattie Hunter"]
version_count: 4
action_count: 37
vote_count: 2
first_action: "2021-02-19"
last_action: "2021-08-06"
source: "openstates"
source_identifier: "ocd-bill/5fc7bf95-e99c-4062-bbe0-c4c405ffede2"
source_url: "https://ilga.gov/legislation/BillStatus.asp?DocNum=340&GAID=16&DocTypeID=SB&LegId=131750&SessionID=110&GA=102"
source_hash: "6d88a38c9512ae71fb5312f68acf91b9782b5c1ca604c14f923da3908d7343f4"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-il"]
---

# Illinois SB 340 (102nd) — INC TX-STUDENT ASSISTANCE

Amends the Illinois Income Tax Act. Provides that the credit for student-assistance contributions sunsets on December 31, 2031 (currently, December 30, 2021). Provides that, for taxable years ending on or after December 31, 2021, the maximum student-assistance credit is $1,000 per contributing employee per taxable year (currently, $500). Effective immediately.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduced** (filed) — [source](https://ilga.gov/legislation/102/SB/PDF/10200SB0340.pdf)
2. **Engrossed** (committee substitute) — [source](https://ilga.gov/legislation/102/SB/PDF/10200SB0340eng.pdf)
3. **House Amendment 001** (committee substitute) — [source](https://ilga.gov/legislation/102/SB/PDF/10200SB0340ham001.pdf)
4. **Enrolled** (enrolled) — [source](https://ilga.gov/legislation/102/SB/PDF/10200SB0340enr.pdf)

## Votes

- Third Reading — **117–0** (pass) · lower
- Concurrence, Amendment 1 — **59–0** (pass) · upper

## Sponsors

- Lindsey LaPointe — primary (person)
- Mattie Hunter — primary (person)
- Chapin Rose — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2021-02-19** Filed with Secretary by Sen. Mattie Hunter `filing`
- **2021-02-19** First Reading `reading-1`
- **2021-02-19** Referred to Assignments `referral-committee`
- **2021-03-03** Assigned to Revenue `referral-committee`
- **2021-04-15** Do Pass Revenue; 008-000-000 `committee-passage`
- **2021-04-15** Placed on Calendar Order of 2nd Reading April 20, 2021
- **2021-04-20** Second Reading `reading-2`
- **2021-04-20** Placed on Calendar Order of 3rd Reading ** April 21, 2021
- **2021-04-21** Added as Co-Sponsor Sen. Chapin Rose
- **2021-04-23** Third Reading - Passed; 058-000-000 `passage, reading-3`
- **2021-04-26** Arrived in House `introduction`
- **2021-04-26** Chief House Sponsor Rep. Lindsey LaPointe
- **2021-04-27** First Reading `reading-1`
- **2021-04-27** Referred to Rules Committee `referral-committee`
- **2021-05-04** Assigned to Revenue & Finance Committee `referral-committee`
- **2021-05-13** Do Pass / Short Debate Revenue & Finance Committee; 018-000-000 `committee-passage`
- **2021-05-13** Placed on Calendar 2nd Reading - Short Debate
- **2021-05-14** House Floor Amendment No. 1 Filed with Clerk by Rep. Lindsey LaPointe `amendment-introduction`
- **2021-05-14** House Floor Amendment No. 1 Referred to Rules Committee `referral-committee`
- **2021-05-18** House Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 003-001-000 `committee-passage-favorable`
- **2021-05-19** House Floor Amendment No. 1 Adopted `amendment-passage`
- **2021-05-19** Second Reading - Short Debate `reading-2`
- **2021-05-19** Placed on Calendar Order of 3rd Reading - Short Debate
- **2021-05-20** Third Reading - Short Debate - Passed 117-000-000 `passage, reading-3`
- **2021-05-21** Secretary's Desk - Concurrence House Amendment(s) 1
- **2021-05-21** Placed on Calendar Order of Concurrence House Amendment(s) 1 - May 24, 2021
- **2021-05-25** House Floor Amendment No. 1 Motion to Concur Filed with Secretary Sen. Mattie Hunter `filing`
- **2021-05-25** House Floor Amendment No. 1 Motion to Concur Referred to Assignments `referral-committee`
- **2021-05-25** House Floor Amendment No. 1 Motion to Concur Assignments Referred to Revenue `referral-committee`
- **2021-05-27** House Floor Amendment No. 1 Motion To Concur Recommended Do Adopt Revenue; 010-000-000
- **2021-05-30** House Floor Amendment No. 1 Senate Concurs 059-000-000
- **2021-05-30** Senate Concurs
- **2021-05-30** Passed Both Houses
- **2021-06-28** Sent to the Governor `executive-receipt`
- **2021-08-06** Governor Approved `executive-signature`
- **2021-08-06** Effective Date August 6, 2021
- **2021-08-06** Public Act . . . . . . . . . 102-0289 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/5fc7bf95-e99c-4062-bbe0-c4c405ffede2`. Confidence: reported (aggregated from official Illinois legislature records).