Bill Title: Creates the Manufacturing Job Destination Tax Credit Act and amends the Illinois Income Tax Act. Provides for a credit of 25% of the Illinois labor expenditures made by a manufacturing company in order to foster job creation and retention in Illinois. Authorizes the Department of Revenue to award a tax credit to taxpayer-employers who apply for the credit and meet certain Illinois labor expenditure requirements. Sets minimum requirements and procedures for certifying a taxpayer as an "accredited manufacturer" and for awarding the credit. Effective immediately.

Spectrum: Slight Partisan Bill (Republican 3-1)

Status: (Introduced - Dead) 2015-04-22 - Added Co-Sponsor Rep. Mary E. Flowers [HB0344 Detail]

Text: Latest bill text (Introduced) [HTML]

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Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Representative David Reis [R]	Primary	Sponsored Bills	HD-109	FollowTheMoney	Ballotpedia	VoteSmart
Representative Dwight Kay [R]	Cosponsor	Sponsored Bills	HD-112	FollowTheMoney	Ballotpedia	VoteSmart
Representative Reginald Phillips [R]	Cosponsor	Sponsored Bills	HD-110	FollowTheMoney	Ballotpedia	VoteSmart
Representative Mary Flowers [D]	Cosponsor	Sponsored Bills	HD-031	FollowTheMoney	Ballotpedia	VoteSmart

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