Bill Sponsors: IL HB4343 | 2019-2020 | 101st General Assembly
Bill Title: Amends the Illinois Income Tax Act. Creates a credit in an amount equal to 10% of the stipend or salary paid by the taxpayer to up to (i) 5 qualified college interns or (ii) 5 qualified high school interns during the taxable year. Provides that no taxpayer may claim more than $5,000 in total credits under that Section for all taxable years combined. Provides that the credit is exempt from the Act's automatic sunset provision. Effective immediately.
Spectrum: Bipartisan Bill
Status: (Introduced - Dead) 2020-06-02 - Added Co-Sponsor Rep. Jonathan "Yoni" Pizer [HB4343 Detail]
Text: Latest bill text (Introduced) [HTML]
Spectrum: Bipartisan Bill
Status: (Introduced - Dead) 2020-06-02 - Added Co-Sponsor Rep. Jonathan "Yoni" Pizer [HB4343 Detail]
Text: Latest bill text (Introduced) [HTML]
Sponsors
| Name | Type | Sponsorship | District | Financial | Encyclopedia | Biography |
|---|---|---|---|---|---|---|
| Senator Thomas Bennett [R] | Primary | Sponsored Bills | SD-053 | FollowTheMoney | Ballotpedia | VoteSmart |
| Representative Jonathan Pizer [D] | Cosponsor | Sponsored Bills | HD-012 | FollowTheMoney | Ballotpedia | VoteSmart |
