When it was first proposed earlier this year, officials aimed to make a $300 tax credit available for each child in a qualifying householdIllinois' new budget, which is now headed to the governor's desk waiting to be signed, includes a measure that would give families in the state a"child tax credit."
“This plan invests millions more in our schools, reinforces after-school and summer youth programs and creates a new child tax credit that will provide assistance to families with young kids," State Rep. Jehan Gordon-Booth, D-Peoria, lead budget negotiator for the House Democratic Caucus, said in a statement.
Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weeklythan Gov. J.B. Pritzker proposed in February and raises taxes and makes other tax code changes to generate $1.2 billion to fund it.