IL HB0227 | 2019-2020 | 101st General Assembly
Status
Spectrum: Moderate Partisan Bill (Democrat 6-1)
Status: Introduced on January 9 2019 - 25% progression, died in committee
Action: 2020-06-02 - Added Co-Sponsor Rep. Jonathan "Yoni" Pizer
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 9 2019 - 25% progression, died in committee
Action: 2020-06-02 - Added Co-Sponsor Rep. Jonathan "Yoni" Pizer
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Illinois Income Tax Act. Creates a credit in an amount equal to 10% of the stipend or salary paid by the taxpayer to up to (i) 5 qualified college interns or (ii) 5 qualified high school interns during the taxable year. Provides that no taxpayer may claim more than $5,000 in total credits under that Section for all taxable years combined. Provides that the credit is exempt from the Act's automatic sunset provision. Effective immediately.
Title
INC TX-INTERNSHIP CREDIT
Sponsors
Sen. Thomas Bennett [R] | Sen. Karina Villa [D] | Rep. Jawaharial Williams [D] | Rep. Kambium Buckner [D] |
Rep. Curtis Tarver [D] | Rep. Sam Yingling [D] | Rep. Jonathan Pizer [D] |
History
Date | Chamber | Action |
---|---|---|
2020-06-02 | House | Added Co-Sponsor Rep. Jonathan "Yoni" Pizer |
2020-06-02 | House | Added Co-Sponsor Rep. Sam Yingling |
2020-06-02 | House | Added Co-Sponsor Rep. Curtis J. Tarver, II |
2019-07-18 | House | Added Co-Sponsor Rep. Kambium Buckner |
2019-07-15 | House | Added Co-Sponsor Rep. Jawaharial Williams |
2019-04-04 | House | Added Chief Co-Sponsor Rep. Karina Villa |
2019-03-29 | House | Rule 19(a) / Re-referred to Rules Committee |
2019-02-07 | House | To Income Tax Subcommittee |
2019-01-29 | House | Assigned to Revenue & Finance Committee |
2019-01-09 | House | Referred to Rules Committee |
2019-01-09 | House | First Reading |
2019-01-07 | House | Prefiled with Clerk by Rep. Thomas M. Bennett |
Code Citations
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=227&GAID=15&DocTypeID=HB&SessionID=108&GA=101 |
Text | https://www.ilga.gov/legislation/101/HB/10100HB0227.htm |