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]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2020-02-13	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois SB3498

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois SB3498 currently on file.

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