SB 3874

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

Inc Tx-Engineering Students

Abstract

Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who employ individuals working within the engineering sector who graduated from an accredited institution of higher learning with a Bachelor's degree or higher. Provides that the credit shall be equal to 10% of the compensation paid for the first through fifth years of employment in the engineering sector if the qualified employee graduated from an institution located in Illinois or 5% of the compensation paid for the first through fifth years of employment in the engineering sector if the qualified employee graduated from an institution not located in Illinois. Effective immediately.

Bill Sponsors (6)

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Jun 24, 2020

Senate

Pursuant to Senate Rule 3-9(b) / Referred to Assignments

May 27, 2020

Senate

Senate Floor Amendment No. 1 Referred to Assignments

Senate

Senate Floor Amendment No. 1 Filed with Secretary by Sen. Ram Villivalam

May 24, 2020

Senate

Placed on Calendar Order of 2nd Reading November 17, 2020

Senate

Approved for Consideration Assignments

Senate

Rule 2-10(a) Third Reading Deadline Established As June 23, 2020

May 15, 2020

Senate

Rule 2-10 Committee/3rd Reading Deadline Established As May 31, 2020

May 07, 2020

Senate

Rule 2-10 Third Reading/Passage Deadline Established As May 29, 2020

Senate

Rule 2-10 Committee Deadline Established As May 22, 2020

Apr 30, 2020

Senate

Rule 2-10 Third Reading/Passage Deadline Established As May 22, 2020

Senate

Rule 2-10 Committee Deadline Established As May 15, 2020

Apr 23, 2020

Senate

Rule 2-10 Third Reading/Passage Deadline Established As May 15, 2020

Senate

Rule 2-10 Committee Deadline Established As May 7, 2020

Apr 16, 2020

Senate

Rule 2-10 Committee Deadline Established As April 30, 2020

Apr 12, 2020

Senate

Pursuant to Senate Rule 3-9(b) / Referred to Assignments

Mar 25, 2020

Senate

Rule 2-10 Third Reading/Passage Deadline Established As May 7, 2020

Senate

Rule 2-10 Committee Deadline Established As April 24, 2020

Mar 18, 2020

Senate

Rule 2-10 Committee Deadline Established As April 2, 2020

Mar 12, 2020

Senate

Assigned to Revenue

Mar 04, 2020

Senate

Added as Chief Co-Sponsor Sen. Christopher Belt

Mar 03, 2020

Senate

Added as Co-Sponsor Sen. Jason A. Barickman

Feb 27, 2020

Senate

Added as Co-Sponsor Sen. David Koehler

Feb 25, 2020

Senate

Added as Chief Co-Sponsor Sen. Melinda Bush

Feb 18, 2020

Senate

Added as Chief Co-Sponsor Sen. Donald P. DeWitte

Feb 14, 2020

Senate

First Reading

Senate

Referred to Assignments

Senate

Filed with Secretary by Sen. Ram Villivalam

Bill Text

Bill Text Versions Format
Introduced HTML

Related Documents

Document Format
Senate Amendment 001

Sources

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