Bill Title: Amends the Illinois Income Tax Act. Increases the amount of the credit for wages paid by the taxpayer to a qualified veteran to 20%, but in no event to exceed $5,000, of the gross wages paid by the taxpayer to a qualified veteran if the veteran (A) was hired by the taxpayer on or after January 1, 2012 and (B) was unemployed at the time he or she was hired by the taxpayer. Exempts the credit from the Act's automatic sunset provisions. Effective immediately.

Spectrum: Slight Partisan Bill (Democrat 28-10)

Status: (Passed) 2012-07-09 - Public Act . . . . . . . . . 97-0767 [SB3241 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Chaptered	2012-07-09	HTML/Text	Link	View
Enrolled	2012-05-29	HTML/Text	Link	View
Amended	2012-05-24	HTML/Text	Link	View
Amended	2012-05-22	HTML/Text	Link	View
Engrossed	2012-03-28	HTML/Text	Link	View
Amended	2012-02-28	HTML/Text	Link	View
Introduced	2012-02-01	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois SB3241

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois SB3241 currently on file.

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