Illinois House Bill 4720
Session 103rd
Higher Ed Savings-Medicaid
Became Law
Became Law on Jul 1, 2024
Sponsors
2 Sponsors
Maura Hirschauer
Karina Villa
First Action
Feb 2, 2024
Latest Action
Jul 1, 2024
Origin Chamber
House
Type
Bill
Bill Number
4720
State
Illinois
Session
103rd
Motion Text
Concurrence
House Roll Call Votes
No
Yes
Other
Yes
Other
Excused
Yes
Yes
Yes
Yes
Other
Excused
Excused
Johnson
Yes
Jones
Excused
Yes
Yes
Excused
La Ha
No
Other
Excused
Excused
Excused
Excused
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Excused
Other
Summary
Amends the State Treasurer Act. Provides that, beginning in 2026, the Department of Healthcare and Family Services shall provide the State Treasurer with information on Medicaid recipients with one or more dependent children born after December 31, 2025 for the purpose of identifying the amount of seed funds to be deposited for each beneficiary. In provisions concerning supplementary deposits, provides that the State Treasurer may make supplementary deposits to each eligible child who is enrolled in Medicaid or whose parent or legal guardian is enrolled in Medicaid in the amount of $50 or a greater amount if designated by the State Treasurer by rule. Makes conforming changes.
House Committee Amendment No. 1
Replaces everything after the enacting clause. Amends the State Treasurer Act. Provides that the Department of Revenue shall provide the State Treasurer with the adjusted gross income of tax filers claiming dependents or the adoption tax credit. Provides that the State Treasurer may make supplementary deposits to children in financially insecure households if funds are deposited into the omnibus accounts. Provides that, subject to appropriation, the State Treasurer may make supplementary deposits of $50, or greater if designated by the State Treasurer rule, into the account of each beneficiary whose parent or legal guardian has an adjusted gross income below the Illinois median household income. Provides that the supplementary deposits shall be limited to one deposit per beneficiary.
Senate Committee Amendment No. 1
Provides that, beginning July 1, 2024, the Department of Revenue shall provide the State Treasurer with the adjusted gross income of tax filers claiming dependents or the adoption tax credit. Provides that the State Treasurer may make supplementary deposits (rather than may make supplementary deposits to children in financially insecure households) if sufficient funds are available and if funds are deposited into the omnibus accounts. Makes conforming changes. Adds an immediate effective date.
Introduced
Engrossed
Enrolled
House Amendment 001
Sort by most recent
07/01/2024
House
Effective Date July 1, 2024
07/01/2024
House
Public Act . . . . . . . . . 103-0604
07/01/2024
House
Governor Approved
06/21/2024
House
Sent to the Governor
05/25/2024
House
Passed Both Houses
05/25/2024
House
House Concurs
05/25/2024
House
Senate Committee Amendment No. 1 House Concurs 065-036-006
05/23/2024
House
Senate Committee Amendment No. 1 Motion to Concur Recommends Be Adopted State Government Administration Committee; 005-003-000
05/23/2024
House
Senate Committee Amendment No. 1 Motion to Concur Rules Referred to State Government Administration Committee
05/22/2024
House
Senate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee
05/22/2024
House
Senate Committee Amendment No. 1 Motion Filed Concur Rep. Maura Hirschauer
05/22/2024
House
Placed on Calendar Order of Concurrence Senate Amendment(s) 1
05/22/2024
House
Arrived in House
05/22/2024
Senate
Third Reading - Passed; 038-018-000
05/17/2024
Senate
Rule 2-10 Third Reading/Passage Deadline Established As May 24, 2024
05/14/2024
Senate
Placed on Calendar Order of 3rd Reading
05/14/2024
Senate
Second Reading
05/09/2024
Senate
Placed on Calendar Order of 2nd Reading May 14, 2024
05/09/2024
Senate
Do Pass as Amended Revenue; 006-003-000
05/08/2024
Senate
Senate Committee Amendment No. 1 Adopted
05/08/2024
Senate
Senate Committee Amendment No. 1 Assignments Refers to Revenue
05/07/2024
Senate
Senate Committee Amendment No. 1 Referred to Assignments
05/07/2024
Senate
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Karina Villa
04/30/2024
Senate
Rule 2-10 Committee Deadline Established As May 10, 2024
04/30/2024
Senate
Assigned to Revenue
04/24/2024
Senate
Referred to Assignments
04/24/2024
Senate
First Reading
04/24/2024
Senate
Chief Senate Sponsor Sen. Karina Villa
04/24/2024
Senate
Placed on Calendar Order of First Reading
04/24/2024
Senate
Arrive in Senate
04/19/2024
House
Added Co-Sponsor Rep. Joyce Mason
04/19/2024
House
Third Reading - Short Debate - Passed 064-038-004
04/19/2024
House
Placed on Calendar Order of 3rd Reading - Short Debate
04/17/2024
House
Held on Calendar Order of Second Reading - Short Debate
04/17/2024
House
Second Reading - Short Debate
04/04/2024
House
Placed on Calendar 2nd Reading - Short Debate
04/03/2024
House
Do Pass as Amended / Short Debate State Government Administration Committee; 006-003-000
04/03/2024
House
House Committee Amendment No. 1 Adopted in State Government Administration Committee; by Voice Vote
04/03/2024
House
Added Chief Co-Sponsor Rep. Robyn Gabel
04/03/2024
House
House Committee Amendment No. 1 Rules Refers to State Government Administration Committee
04/02/2024
House
House Committee Amendment No. 1 Referred to Rules Committee
04/02/2024
House
House Committee Amendment No. 1 Filed with Clerk by Rep. Maura Hirschauer
02/28/2024
House
Assigned to State Government Administration Committee
02/16/2024
House
Added Co-Sponsor Rep. Laura Faver Dias
02/16/2024
House
Added Co-Sponsor Rep. Diane Blair-Sherlock
02/06/2024
House
Referred to Rules Committee
02/06/2024
House
First Reading
02/02/2024
House
Filed with the Clerk by Rep. Maura Hirschauer
Sources
IL Legislature
Record Created
Feb 3, 2024 3:12:49 AM
Record Updated
Jul 11, 2024 6:29:23 AM