IllinoisHB4107104th General Assembly (2025–2026)House

EDUCATION SAVINGS POOL

Sponsored By: Tom Weber

In Committee

Summary

Amends the State Treasurer Act. Changes the name of the "College Savings Pool" to the "College, Secondary, and Elementary Education Savings Pool". In provisions relating to the College, Secondary, and Elementary Education Savings Pool established by the State Treasurer pursuant to Section 529 of the Internal Revenue Code, provides that an "eligible educational institution" includes elementary or secondary public, private, or religious schools and "qualified expenses" include expenses, up to $10,000 per taxable year, for tuition in connection with enrollment or attendance at an elementary or secondary public, private, or religious school. Amends the Deposit of State Moneys Act, Illinois Income Tax Act, the Code of Civil Procedure, and the Illinois Marriage and Dissolution of Marriage Act to make conforming changes. Effective immediately.

revenue & finance

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Tom Weber

    Affiliation unavailable

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Rule 19(a) / Re-referred to Rules Committee

    3/27/2026House
  2. Assigned to Revenue & Finance Committee

    3/12/2026House
  3. Referred to Rules Committee

    10/15/2025House
  4. First Reading

    10/15/2025House
  5. Filed with the Clerk by Rep. Tom Weber

    8/26/2025House

Bill Text

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