HB 5378

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

Rural Jobs Tax Credit

Abstract

Creates the Rural Job Creation Tax Credit Act. Provides that a taxpayer may claim a nonrefundable income tax credit for rural job creation equal to a percentage of the taxpayer's purchase of an equity interest in a rural investment company or purchase of a debt instrument issued by the rural investment company. Effective immediately.

Bill Sponsors (4)

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Feb 18, 2020

House

First Reading

House

Referred to Rules Committee

Feb 14, 2020

House

Filed with the Clerk by Rep. Dave Severin

House

Chief Co-Sponsor Rep. Terri Bryant

House

Chief Co-Sponsor Rep. Patrick Windhorst

House

Chief Co-Sponsor Rep. Avery Bourne

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