Comments: IL SB3498 | 2019-2020 | 101st General Assembly
Bill Title: Amends the Small Business Job Creation Tax Credit Act. Creates a second set of incentive periods beginning on July 1, 2020 and ending on June 30, 2026. Provides that the credit shall not exceed $5,000 per employee hired. Provides that the maximum amount of credits allowed is $75,000,000. Effective immediately.
Spectrum: Partisan Bill (Democrat 8-0)
Status: (Failed) 2021-01-13 - Session Sine Die [SB3498 Detail]
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Democrat 8-0)
Status: (Failed) 2021-01-13 - Session Sine Die [SB3498 Detail]
Text: Latest bill text (Introduced) [HTML]
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