IL HB2754 | 2021-2022 | 102nd General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 18 2021 - 25% progression, died in committee
Action: 2021-03-27 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 18 2021 - 25% progression, died in committee
Action: 2021-03-27 - 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. Creates an income tax credit and a credit against insurance premium taxes for business entities for the cost of providing certain commuter benefits to employees. Provides that the credit shall be equal to 50% of the cost of providing the eligible commuter benefits, but not to exceed $100 per individual employee per month. Effective immediately.
Title
INC TX-COMMUTER CREDIT
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2021-03-27 | House | Rule 19(a) / Re-referred to Rules Committee |
| 2021-03-18 | House | To Income Tax Subcommittee |
| 2021-03-09 | House | Assigned to Revenue & Finance Committee |
| 2021-02-19 | House | Referred to Rules Committee |
| 2021-02-19 | House | First Reading |
| 2021-02-18 | House | Filed with the Clerk by Rep. Justin Slaughter |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 215 | 5 | 121-2.08 | Amended Code | Citation Text |
| 35 | 5 | 232 | New Code | See Bill Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2754&GAID=16&DocTypeID=HB&SessionID=110&GA=102 |
| Text | https://www.ilga.gov/legislation/102/HB/10200HB2754.htm |
