IL HB0634 | 2017-2018 | 100th General Assembly
Status
Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Failed on January 8 2019 - 100% progression
Action: 2019-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Spectrum: Bipartisan Bill
Status: Failed on January 8 2019 - 100% progression
Action: 2019-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Illinois Income Tax Act. Makes changes to a credit awarded for wages paid to qualified veterans. Provides that the credit shall be: (1) $5,000 (instead of 20% of the gross wages, but not to exceed $5,000) for certain veterans who were unemployed at the time of hire; and (2) $1,200 (instead of 10% of the gross wages, but not to exceed $1,200) for other qualified veterans. Changes the definition of "qualified veteran" to include all Illinois residents who are members of the National Guard, reserve, or regular component of the Armed Forces of the United States. Allows the credit to be prorated. Provides that the credit is exempt from the Act's automatic sunset provision. Effective immediately.
Title
INCOME TAX-VETERANS
Sponsors
History
Date | Chamber | Action |
---|---|---|
2019-01-08 | House | Session Sine Die |
2017-03-31 | House | Rule 19(a) / Re-referred to Rules Committee |
2017-03-21 | House | Added Co-Sponsor Rep. Camille Y. Lilly |
2017-02-24 | House | To Income Tax Subcommittee |
2017-02-02 | House | Assigned to Revenue & Finance Committee |
2017-01-24 | House | Referred to Rules Committee |
2017-01-24 | House | First Reading |
2017-01-24 | House | Filed with the Clerk by Rep. John M. Cabello |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
35 | 5 | 217 | Amended Code | Citation Text |
35 | 5 | 217.1 | Amended Code | Citation Text |
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=634&GAID=14&DocTypeID=HB&SessionID=91&GA=100 |
Text | https://www.ilga.gov/legislation/100/HB/10000HB0634.htm |