HB 4823

  • Illinois House Bill
  • 101st Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Small Business-Incentive

Abstract

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.

Bill Sponsors (4)

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Jun 23, 2020

House

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

May 21, 2020

House

Added Co-Sponsor Rep. Deb Conroy

House

Added Co-Sponsor Rep. Jonathan "Yoni" Pizer

House

Added Co-Sponsor Rep. Terra Costa Howard

Mar 06, 2020

House

To Income Tax Subcommittee

Feb 25, 2020

House

Assigned to Revenue & Finance Committee

Feb 18, 2020

House

Referred to Rules Committee

House

First Reading

Feb 11, 2020

House

Filed with the Clerk by Rep. Jennifer Gong-Gershowitz

Bill Text

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Sources

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