IL HB0390 | 2009-2010 | 96th General Assembly
Status
Spectrum: Bipartisan Bill
Status: Introduced on February 2 2009 - 25% progression, died in committee
Action: 2009-03-13 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 2 2009 - 25% progression, died in committee
Action: 2009-03-13 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Illinois Income Tax Act. Authorizes a credit to taxpayers for 10% of stipends or salaries paid to qualified college interns. Limits the credit to stipends and salaries paid to 5 interns each year, and limits total credits to $3,000 for all years combined. Defines a "qualified college intern". Provides that the credit may not reduce the taxpayer's liability to less than zero and may not be carried forward or back. Exempt from the Act's sunset provisions. Effective immediately.
Title
INC TAX CREDIT INTERNS
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2009-03-13 | Rule 19(a) / Re-referred to Rules Committee | |
| 2009-02-20 | Added Co-Sponsor Rep. Frank J. Mautino | |
| 2009-02-09 | Assigned to Revenue & Finance Committee | |
| 2009-02-03 | Referred to Rules Committee | |
| 2009-02-03 | First Reading | |
| 2009-02-02 | Filed with the Clerk by Rep. David Reis |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=390&GAID=10&DocTypeID=HB&SessionID=76&GA=96 |
| Text | https://www.ilga.gov/legislation/96/HB/09600HB0390.htm |
