IL HB0144 | 2015-2016 | 99th General Assembly
Status
Spectrum: Strong Partisan Bill (Democrat 17-1)
Status: Introduced on January 14 2015 - 25% progression, died in committee
Action: 2016-01-04 - Added Co-Sponsor Rep. Andrew F Skoog
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 14 2015 - 25% progression, died in committee
Action: 2016-01-04 - Added Co-Sponsor Rep. Andrew F Skoog
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Illinois Income Tax Act. Provides that each taxpayer who employs a long-term unemployed person during the taxable year is entitled to an income tax credit of: (1) $500 in the taxable year in which the long-term unemployed person is initially hired by the taxpayer; (2) $750 in the first taxable year after the long-term unemployed person is initially hired by the taxpayer; and (3) $1,250 in the second taxable year after the long-term unemployed person is initially hired by the taxpayer. Provides that the credit for individuals who are employed by the taxpayer for a partial year shall be calculated based on the number of weeks of employment. Provides that the credit may be carried forward. Provides that the term "long-term unemployed person" means a person who was unemployed for a period of at least 27 consecutive weeks ending on the Saturday immediately preceding the date he or she was hired by the taxpayer, was an Illinois resident on the date he or she was hired by the taxpayer, is employed by the taxpayer during the taxable year as a full-time employee, and was not enrolled as a full-time student at a public or private high school, community college, or university at any point during the 27-week period immediately preceding the date he or she was hired by the taxpayer. Provides that the credit is exempt from the Act's automatic sunset provisions. Effective immediately.
Title
INC TX-EMPLOYEE CREDIT
Sponsors
History
Date | Chamber | Action |
---|---|---|
2016-01-04 | House | Added Co-Sponsor Rep. Andrew F Skoog |
2015-03-27 | House | Rule 19(a) / Re-referred to Rules Committee |
2015-03-25 | House | Added Co-Sponsor Rep. Deb Conroy |
2015-03-18 | House | Added Co-Sponsor Rep. Patrick J. Verschoore |
2015-03-12 | House | Added Co-Sponsor Rep. Anthony DeLuca |
2015-03-06 | House | Added Co-Sponsor Rep. Al Riley |
2015-03-06 | House | Added Co-Sponsor Rep. Sam Yingling |
2015-03-04 | House | Added Co-Sponsor Rep. Kenneth Dunkin |
2015-03-03 | House | Added Co-Sponsor Rep. Monique D. Davis |
2015-02-26 | House | Added Co-Sponsor Rep. Pamela Reaves-Harris |
2015-02-24 | House | Added Co-Sponsor Rep. Carol Ammons |
2015-02-23 | House | Added Co-Sponsor Rep. Natalie A. Manley |
2015-02-20 | House | To Income Tax Subcommittee |
2015-02-19 | House | Added Co-Sponsor Rep. Sue Scherer |
2015-02-19 | House | Added Co-Sponsor Rep. Stephanie A. Kifowit |
2015-02-17 | House | Added Co-Sponsor Rep. Mike Smiddy |
2015-02-17 | House | Added Co-Sponsor Rep. Litesa E. Wallace |
2015-02-11 | House | Added Co-Sponsor Rep. Ed Sullivan |
2015-02-11 | House | Added Co-Sponsor Rep. Martin J. Moylan |
2015-02-03 | House | Assigned to Revenue & Finance Committee |
2015-01-14 | House | Referred to Rules Committee |
2015-01-14 | House | First Reading |
2015-01-14 | House | Filed with the Clerk by Rep. Lawrence Walsh, Jr. |
Code Citations
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=144&GAID=13&DocTypeID=HB&SessionID=88&GA=99 |
Text | https://www.ilga.gov/legislation/99/HB/09900HB0144.htm |