Edward J. Acevedo
- Democratic
Primary
Creates the Trade Show Income Tax Credit Act. Authorizes the Department of Commerce and Economic Opportunity to award income tax credits to trade show managers for locating large trade shows in Illinois and using Illinois labor. The credit ranges from 25% to 45% of Illinois labor expenditures, up to $10,000 per applicant per trade show. Promotes training and recruitment and a diversity plan. Allows for transfers of credits. Requires reports by the Department. Amends the Illinois Income Tax Act to implement the credit. Effective immediately.
No votes to display
Session Sine Die
Rule 19(a) / Re-referred to Rules Committee
Added Chief Co-Sponsor Rep. Lou Lang
Assigned to Revenue & Finance Committee
Filed with the Clerk by Rep. Edward J. Acevedo
Referred to Rules Committee
First Reading
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