HB 5757

  • Illinois House Bill
  • 100th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Inc Tx-Head Count Credit

Abstract

Amends the Illinois Income Tax Act. Creates an income tax credit for an Illinois business that increases its average full-time employee head count in the State for the taxable year by more than 20% over its average full-time employee head count in the State for the immediately preceding taxable year. Provides that the amount of the credit is 20% of its tax liability under this Act (other than its withholding tax liability) for the taxable year. Provides that the credit is exempt from the Act's automatic sunset provision. Effective immediately.

Bill Sponsors (1)

Votes


Actions


Jan 08, 2019

House

Session Sine Die

May 16, 2018

House

Added Co-Sponsor Rep. Justin Slaughter

May 14, 2018

House

Fiscal Note Filed

Apr 27, 2018

House

Rule 19(a) / Re-referred to Rules Committee

Apr 26, 2018

House

Second Reading - Short Debate

House

Held on Calendar Order of Second Reading - Short Debate

Apr 23, 2018

House

Second Reading - Short Debate

House

Held on Calendar Order of Second Reading - Short Debate

Apr 19, 2018

House

Added Co-Sponsor Rep. Michelle Mussman

Apr 16, 2018

House

Added Co-Sponsor Rep. Sue Scherer

House

Added Co-Sponsor Rep. Natalie Phelps Finnie

House

Added Co-Sponsor Rep. Jerry Costello, II

House

Added Co-Sponsor Rep. Deb Conroy

House

Added Co-Sponsor Rep. Katie Stuart

House

Added Co-Sponsor Rep. Martin J. Moylan

House

Added Co-Sponsor Rep. Sam Yingling

House

Fiscal Note Requested by Rep. Tom Demmer

Apr 13, 2018

House

Placed on Calendar 2nd Reading - Short Debate

Apr 11, 2018

House

Do Pass / Short Debate Revenue & Finance Committee; 007-004-000

Mar 21, 2018

House

Assigned to Revenue & Finance Committee

Feb 16, 2018

House

Filed with the Clerk by Rep. Monica Bristow

House

Referred to Rules Committee

House

First Reading

Bill Text

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Related Documents

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Sources

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