IL SB1813

Increases the education expense tax credit from 25% to 50% of qualified education expenses for tax years ending on or after December 31, 2025

Raises the maximum credit from $750 per family to $2,000 per qualifying pupil, with a family maximum of $6,000 per taxable year, effective for tax years ending on or after December 31, 2025

Lowers the income eligibility threshold starting in 2025 from $500,000 (joint filers) or $250,000 (others) to 400% of the federal poverty level for all taxpayers

Expands the definition of "qualified education expense" to include tutoring, AP/IB/SAT/ACT exams and prep courses, and out-of-school academic enrichment activities such as educational lessons, classes, or camps

Removes the previous requirement that qualified education expenses must exceed $250 per pupil before becoming eligible for the credit