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type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
type title description jurisdiction legislature session identifier citation classification subjects status primary_sponsors version_count action_count vote_count first_action last_action source source_identifier source_url source_hash vintage source_snapshot retrieved_at confidence tags
Bill INC TAX- COLLEGE SAVINGS PLAN Amends the State Treasurer Act. Removes the requirement that the State Treasurer adjust each account at least annually to ensure compliance with the requirements of the College Savings Pool. Provides that the Treasurer shall limit the contributions that may be made on behalf of a designated College Savings Pool beneficiary based on the limitations established by the Internal Revenue Service (now, based on an actuarial estimate of what is required to pay tuition, fees, and room and board for 5 undergraduate years at the highest cost eligible educational institution). Amends the Illinois Income Tax Act. Provides that for taxable years beginning on or after January 1, 2007, distributions from certain qualified tuition programs under the Internal Revenue Code that are administered by other states are exempt from the requirement that a distribution from an Internal Revenue Code qualified tuition program be included when determining adjusted gross income for purposes of determining base income. Requires taxpayers to add to their base income an amount equal to the amount previously deducted for deposits into a qualified tuition program if the moneys are transferred from a qualified tuition program that is administered by the State to an out-of-state program. Makes other changes. Effective immediately. us/states/il Illinois General Assembly 95th HB 376 Illinois HB 376 (95th)
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3 76 2 2007-01-23 2007-08-03 openstates ocd-bill/97b618c1-8c79-4edd-b1fa-cce88611119a http://ilga.gov/legislation/BillStatus.asp?DocNum=376&GAID=9&DocTypeID=HB&LegId=27157&SessionID=51&GA=95 bd50a4d2e54f92fb4cf7bf89c84263c08321403e32c7e9b7a1d4f79b0b82a5f9 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
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Illinois HB 376 (95th) — INC TAX- COLLEGE SAVINGS PLAN

Amends the State Treasurer Act. Removes the requirement that the State Treasurer adjust each account at least annually to ensure compliance with the requirements of the College Savings Pool. Provides that the Treasurer shall limit the contributions that may be made on behalf of a designated College Savings Pool beneficiary based on the limitations established by the Internal Revenue Service (now, based on an actuarial estimate of what is required to pay tuition, fees, and room and board for 5 undergraduate years at the highest cost eligible educational institution). Amends the Illinois Income Tax Act. Provides that for taxable years beginning on or after January 1, 2007, distributions from certain qualified tuition programs under the Internal Revenue Code that are administered by other states are exempt from the requirement that a distribution from an Internal Revenue Code qualified tuition program be included when determining adjusted gross income for purposes of determining base income. Requires taxpayers to add to their base income an amount equal to the amount previously deducted for deposits into a qualified tuition program if the moneys are transferred from a qualified tuition program that is administered by the State to an out-of-state program. Makes other changes. Effective immediately.

Version chain

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

  1. Introduced (filed) — source
  2. Engrossed (committee substitute) — source
  3. Enrolled (enrolled) — source

Votes

  • Third Reading — 560 (pass) · upper
  • Third Reading — 1130 (pass) · lower

Sponsors

  • David Koehler — cosponsor (person)
  • Jack D. Franks — primary (person)
  • Jacqueline Y. Collins — cosponsor (person)
  • John M. Sullivan — cosponsor (person)
  • Linda Holmes — cosponsor (person)
  • Michael Bond — cosponsor (person)
  • Michael Noland — cosponsor (person)
  • Michael W. Frerichs — cosponsor (person)

Timeline

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

  • 2007-01-23 Filed with the Clerk by Rep. Jack D. Franks filing
  • 2007-01-26 First Reading reading-1
  • 2007-01-26 Referred to Rules Committee referral-committee
  • 2007-01-31 Assigned to Financial Institutions Committee referral-committee
  • 2007-02-08 Added Chief Co-Sponsor Rep. Robert S. Molaro
  • 2007-02-08 Added Chief Co-Sponsor Rep. Michael Tryon
  • 2007-02-08 Added Chief Co-Sponsor Rep. Elizabeth Coulson
  • 2007-02-08 Chief Co-Sponsor Changed to Rep. Robert S. Molaro
  • 2007-02-08 Chief Co-Sponsor Changed to Rep. Elizabeth Coulson
  • 2007-02-16 Added Chief Co-Sponsor Rep. Barbara Flynn Currie
  • 2007-02-16 Remove Chief Co-Sponsor Rep. Michael Tryon
  • 2007-02-16 Added Chief Co-Sponsor Rep. Deborah L. Graham
  • 2007-02-16 Added Co-Sponsor Rep. Michael Tryon
  • 2007-02-16 Added Co-Sponsor Rep. Linda Chapa LaVia
  • 2007-02-16 Added Co-Sponsor Rep. Aaron Schock
  • 2007-02-16 Added Co-Sponsor Rep. Harry Osterman
  • 2007-02-16 Added Co-Sponsor Rep. John A. Fritchey
  • 2007-02-16 Added Co-Sponsor Rep. Sara Feigenholtz
  • 2007-02-21 Added Co-Sponsor Rep. Ron Stephens
  • 2007-02-21 Added Co-Sponsor Rep. Jim Watson
  • 2007-02-21 Added Co-Sponsor Rep. Carolyn H. Krause
  • 2007-02-21 Do Pass / Short Debate Financial Institutions Committee; 020-000-000 committee-passage
  • 2007-02-22 Placed on Calendar 2nd Reading - Short Debate
  • 2007-02-22 Added Co-Sponsor Rep. Marlow H. Colvin
  • 2007-02-22 Added Co-Sponsor Rep. Joseph M. Lyons
  • 2007-02-22 Added Co-Sponsor Rep. Daniel J. Burke
  • 2007-02-22 Added Co-Sponsor Rep. Monique D. Davis
  • 2007-02-22 Added Co-Sponsor Rep. Rich Brauer
  • 2007-02-22 Added Co-Sponsor Rep. Kenneth Dunkin
  • 2007-02-22 Added Co-Sponsor Rep. Chapin Rose
  • 2007-02-22 Added Co-Sponsor Rep. Mike Boland
  • 2007-02-22 Added Co-Sponsor Rep. Michael K. Smith
  • 2007-02-23 Second Reading - Short Debate reading-2
  • 2007-02-23 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2007-02-28 Remove Chief Co-Sponsor Rep. Deborah L. Graham
  • 2007-02-28 Added Chief Co-Sponsor Rep. Michael Tryon
  • 2007-02-28 Added Co-Sponsor Rep. Deborah L. Graham
  • 2007-02-28 Removed Co-Sponsor Rep. Michael Tryon
  • 2007-02-28 Third Reading - Short Debate - Passed 113-000-000 reading-3, passage
  • 2007-02-28 Added Co-Sponsor Rep. Richard T. Bradley
  • 2007-02-28 Added Co-Sponsor Rep. Kevin A. McCarthy
  • 2007-02-28 Added Co-Sponsor Rep. Karen May
  • 2007-02-28 Added Co-Sponsor Rep. James H. Meyer
  • 2007-02-28 Added Co-Sponsor Rep. Thomas Holbrook
  • 2007-02-28 Added Co-Sponsor Rep. Fred Crespo
  • 2007-02-28 Added Co-Sponsor Rep. Jay C. Hoffman
  • 2007-02-28 Added Co-Sponsor Rep. David R. Leitch
  • 2007-02-28 Added Co-Sponsor Rep. Mike Bost
  • 2007-03-01 Arrive in Senate introduction
  • 2007-03-01 Placed on Calendar Order of First Reading March 2, 2007 reading-1
  • 2007-03-01 Chief Senate Sponsor Sen. James F. Clayborne, Jr.
  • 2007-03-01 Added as Alternate Chief Co-Sponsor Sen. Jeffrey M. Schoenberg
  • 2007-03-01 Added as Alternate Chief Co-Sponsor Sen. Kimberly A. Lightford
  • 2007-03-02 Added as Alternate Chief Co-Sponsor Sen. Pamela J. Althoff
  • 2007-03-02 Added as Alternate Chief Co-Sponsor Sen. Don Harmon
  • 2007-03-02 Added as Alternate Co-Sponsor Sen. Jacqueline Y. Collins
  • 2007-03-06 First Reading reading-1
  • 2007-03-06 Referred to Rules referral-committee
  • 2007-03-14 Added Co-Sponsor Rep. Naomi D. Jakobsson
  • 2007-03-30 Assigned to Revenue referral-committee
  • 2007-04-12 Added as Alternate Co-Sponsor Sen. Michael W. Frerichs
  • 2007-04-18 Added as Alternate Co-Sponsor Sen. Linda Holmes
  • 2007-04-18 Added as Alternate Co-Sponsor Sen. David Koehler
  • 2007-04-18 Added as Alternate Co-Sponsor Sen. Michael Bond
  • 2007-04-19 Added as Alternate Co-Sponsor Sen. John M. Sullivan
  • 2007-04-19 Do Pass Revenue; 009-000-000 committee-passage
  • 2007-04-19 Placed on Calendar Order of 2nd Reading April 20, 2007
  • 2007-04-25 Added as Alternate Co-Sponsor Sen. Michael Noland
  • 2007-05-15 Second Reading reading-2
  • 2007-05-15 Placed on Calendar Order of 3rd Reading May 16, 2007
  • 2007-05-23 Third Reading - Passed; 056-000-000 reading-3, passage
  • 2007-05-23 Passed Both Houses
  • 2007-06-05 Sent to the Governor executive-receipt
  • 2007-08-03 Governor Approved executive-signature
  • 2007-08-03 Effective Date August 3, 2007
  • 2007-08-03 Public Act . . . . . . . . . 95-0023 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/97b618c1-8c79-4edd-b1fa-cce88611119a. Confidence: reported (aggregated from official Illinois legislature records).