Bill Text: IL HB3340 | 2013-2014 | 98th General Assembly | Amended

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Bill Title: Amends the Illinois Income Tax Act. Makes changes to a credit awarded for wages paid to qualified veterans. Provides that the credit shall be: (1) $5,000 (instead of 20% of the gross wages, but not to exceed $5,000) for certain veterans who were unemployed at the time of hire; and (2) $1,200 (instead of 10% of the gross wages, but not to exceed $1,200) for other qualified veterans. Changes the definition of "qualified veteran" to include all Illinois residents who are members of the National Guard, reserve, or regular component of the Armed Forces of the United States. Allows the credit to be prorated. Provides that the credit is exempt from the Act's automatic sunset provision. Effective immediately.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Failed) 2014-12-03 - Session Sine Die [HB3340 Detail]

Download: Illinois-2013-HB3340-Amended.html

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Rep. John M. Cabello

Filed: 3/18/2013

09800HB3340ham001 LRB098 08768 HLH 43257 a
AMENDMENT TO HOUSE BILL 3340
AMENDMENT NO. ______. Amend House Bill 3340 on page 3, line
15, by replacing "is" with "is or was".