HB4584 Summary

• Increases the maximum education expense credit from $500 to $1,500 per family per year for qualifying pupils in kindergarten through twelfth grade.

• Expands qualified education expenses to include athletic fees, driver's education fees, and fees or costs associated with out-of-school activities that increase student access to language acquisition, music, arts, trade skills, or STEM learning.

• Maintains the existing 25% credit calculation on qualified education expenses exceeding $250, with the credit applied against Illinois income tax liability.

• Applies to tax years ending after December 31, 1999, for custodial parents or legal guardians of Illinois residents under age 21 attending compliant public or nonpublic schools.