Illinois HB1450 establishes a tax checkoff for the Illinois Graduate and Retain Our Workforce (iGROW) Tech Scholarship Fund.
HB1450 amends the Illinois Income Tax Act to create the Illinois Graduate and Retain Our Workforce (iGROW) Tech Scholarship Fund checkoff. This allows taxpayers to contribute to the iGROW Tech Scholarship Fund through their income tax returns. The Illinois Student Assistance Commission will use the funds to award iGROW Tech scholarships. The checkoff takes effect for taxable years ending after December 31, 2025.
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