Reenacts the Invest in Kids Act, making it permanent and ensuring its continuous effect.
The bill reenacts the Invest in Kids Act, making it permanent and ensuring its continuous effect. It amends the Illinois Income Tax Act to allow taxpayers to claim a credit for contributions made to scholarship granting organizations. The bill outlines the responsibilities of scholarship granting organizations, including the distribution of scholarships to eligible students and compliance with anti-discrimination laws. It also details the requirements for qualified schools and the role of the State Board of Education in approving jointly administered CTE programs.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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