Limits on covered income

110 ILCS 992/7-30, under Educational Income Share Agreements.

110 ILCS 992/7-30

(110 ILCS 992/7-30)     Sec. 7-30. Limits on covered income. An EISA must specify the definition of income to be used for the purposes of calculating a consumer's payment obligation under the EISA. No EISA shall include any of the following in its definition of income:         (1) the income of the consumer's spouse, children, or     dependents or a party to a civil union with the consumer under the Illinois Religious Freedom Protection and Civil Union Act;        (2) any amount paid by the consumer under Title II or     XVI of the Social Security Act, 42 U.S.C. 401 et seq. or 42 U.S.C. 1381 et seq., or under a State program funded by Title IV of the Social Security Act, 42 U.S.C. 601 et seq;        (3) individual retirement account distributions;         (4) pensions and annuities;         (5) social security benefits;         (6) any sources of government aid provided to     individuals, including, but not limited to:            (A) unemployment programs;             (B) disaster relief programs;             (C) Medicare or Medicaid benefits;             (D) benefits received through the Supplemental         Nutrition Assistance Program;            (E) economic impact payments;             (F) the earned income tax credit or child tax         credit;            (G) other income excluded from the definition of         taxable income set forth by the Internal Revenue Service; or            (H) passive income that is not derived as a         result of a consumer's active participation in any trade or business.(Source: P.A. 104-383, eff. 8-15-25; 104-852, eff. 8-21-26.)