Illinois HB 2732: INC TX-INSTRUCTIONAL MATERIALS
Status: Rule 19(a) / Re-referred to Rules Committee (as of 2025-03-21)
State: Illinois · Session: 104th · Bill: HB 2732
Sponsors: Rick Ryan, Abdelnasser Rashid, Amy Briel, Anthony DeLuca, Barbara Hernandez, Bob Morgan, Diane Blair-Sherlock, Gregg Johnson, Harry Benton, Hoan Huynh, Jaime M. Andrade, Jr., Jay Hoffman, Kelly M. Cassidy, Kyle Moore, Laura Faver Dias, Lawrence "Larry" Walsh, Jr., Lisa Davis, Marcus C. Evans, Jr., Mary Gill, Maurice A. West, II, Michael Crawford, Michelle Mussman, Nicolle Grasse, Rita Mayfield, Robert "Bob" Rita
Bill Text
• Illinois General Assembly - Full Text of HB2732 • • • • • • • • • • • • Select Language × The Illinois General Assembly offers the Google Translate™ service for visitor convenience. In no way should it be considered accurate as to the translation of any content herein. Visitors of the Illinois General Assembly website are encouraged to use other translation services available on the internet. The English language version is always the official and authoritative version of this website. NOTE: To return to the original English language version, select the "Show Original" button on the Google Translate™ menu bar at the top of the window. Choose Language English Afrikaans Albanian Arabic Armenian Azerbaijani Basque Bengali Bosnian Catalan Croatian Czech Danish Dutch Esperanto Estonian Filipino Finnish French Galician Georgian German Greek Gujarati Haitian Creole Hausa Hawaiian Hebrew Hindi Hungarian Icelandic Indonesian Interlingua Interlingue Inuktitut Irish Italian Japanese Javanese Kannada Khmer Korean Latin Latvian Lithuanian Luxembourgish Macedonian Malagasy Malayalam Maltese Maori Marathi Myanmar Nepali Norwegian Odia Pashto Punjabi Romanian Russian Samoan Sango Sanskrit Sardinian Sindhi Sinhala Slovak Slovenian Somali Southern Sotho Spanish Sundanese Swahili Swedish Tamil Telugu Thai Tigrinya Tonga Turkish Ukrainian Urdu Vietnamese Welsh Xhosa Yiddish Yoruba Zulu Powered by Translate Close Illinois General Assembly Top Navigation Bar Translate Learn Select General Assembly Search the 104th General Assembly Enter search terms for legislation, members, committees, or schedules. ILGA.GOV • • LEGISLATION & LAWS • Bills & Resolutions • Public Acts • Illinois Compiled Statutes • Illinois Constitution • Search Legislation • Glossary • Guide • Reports & Inquiry • Legislative Reports • Special Reports • FTP Site • Legislator Lookup • Capitol Complex Phone Numbers • Rules & Regulations • Illinois Register • Administrative Rules • Senate • Members • Schedules • Committees • Request for Remote Testimony • Journals • Transcripts • Rules • Audio/Video • FOIA Information • Senate Employment Opportunities • Media Guidelines • House • Members • Schedules • Committees • Submit testimony for House Committees • Journals • Transcripts • Rules • Audio/Video • FOIA Information • House Employment Opportunities • Log In Mobile Top Bar Search the 104th General Assembly Enter keywords to search the Illinois General Assembly website. Full Text of HB2732 • Home • Legislation • Full Text HB2732 - 104th General Assembly • Bill Status • Full Text • Votes • Witness Slips Select Menu Bill Status Full Text Votes Witness Slips Printer Friendly Version Introduced Printer Friendly Version Introduced Open PDF 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB2732 Introduced 2/6/2025, by Rep. Rick Ryan SYNOPSIS AS INTRODUCED: 35 ILCS 5/225 Amends the Illinois Income Tax Act. Provides that the maximum amount for the credit for instructional materials and supplies shall be $500 for each semester in the taxable year for taxable years beginning on or after January 1, 2026 (currently, $500 per taxable year). Effective immediately. LRB104 09885 HLH 19954 b A BILL FOR HB2732LRB104 09885 HLH 19954 b 1 AN ACT concerning revenue. 2 Be it enacted by the People of the State of Illinois, 3represented in the General Assembly: 4 Section 5. The Illinois Income Tax Act is amended by 5changing Section 225 as follows: 6 (35 ILCS 5/225) 7 Sec. 225. Credit for instructional materials and supplies. 8For taxable years beginning on and after January 1, 2017, a 9taxpayer shall be allowed a credit in the amount paid by the 10taxpayer during the taxable year for instructional materials 11and supplies with respect to classroom based instruction in a 12qualified school, or the maximum credit amount, whichever is 13less, provided that the taxpayer is a teacher, instructor, 14counselor, principal, or aide in a qualified school for at 15least 900 hours during a school year. 16 The credit may not be carried back and may not reduce the 17taxpayer's liability to less than zero. If the amount of the 18credit exceeds the tax liability for the year, the excess may 19be carried forward and applied to the tax liability of the 5 20taxable years following the excess credit year. The tax credit 21shall be applied to the earliest year for which there is a tax 22liability. If there are credits for more than one year that are
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