Establishes the Illinois Graduate and Retain Our Workforce (iGROW) Tech Scholarship Fund checkoff for income tax contributions.
The bill creates the Illinois Graduate and Retain Our Workforce (iGROW) Tech Scholarship Fund checkoff, allowing taxpayers to contribute to the fund through their income tax returns. Contributions will be used by the Illinois Student Assistance Commission to award iGROW Tech scholarships. The fund is established as a special fund in the State treasury. The checkoff provision will appear on standard individual income tax forms for taxable years ending on or after December 31, 2025.
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