Reenacts the Invest in Kids Act, making it permanent and adjusting credit periods.
The Invest in Kids Act is reenacted and made permanent, extending its provisions beyond the original repeal date. The Act provides tax credits for contributions to scholarship granting organizations that award scholarships to eligible students attending non-public schools in Illinois. The credit period is adjusted to allow credits for tax years beginning on or after January 1, 2018, and before January 1, 2024, and for tax years beginning on or after January 1, 2026.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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