Ram Villivalam
- Democratic
- Senator
- District 8
Primary
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.
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Session Sine Die
Rule 3-9(a) / Re-referred to Assignments
Assigned to Revenue
Added as Co-Sponsor Sen. Sally J. Turner
Filed with Secretary by Sen. Ram Villivalam
Referred to Assignments
First Reading
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