HB 5801

  • Illinois House Bill
  • 97th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Inc Tx-Training Expense Credit

Abstract

Amends the Illinois Income Tax Act. Reinstates the training expense credit for tax years ending on or after December 31, 2012 and on or before December 30, 2022. Increases the amount of the credit from 1.6% of training expenses to 2% of training expenses. Provides that the training expense credit earned on or after December 31, 2012 may be carried forward. Effective immediately.

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Jan 08, 2013

House

Session Sine Die

Feb 28, 2012

House

Added Chief Co-Sponsor Rep. Sidney H. Mathias

House

Added Chief Co-Sponsor Rep. Jason Barickman

House

Added Chief Co-Sponsor Rep. Mike Bost

House

Added Chief Co-Sponsor Rep. Jil Tracy

Feb 16, 2012

House

Referred to Rules Committee

House

First Reading

House

Filed with the Clerk by Rep. Wayne Rosenthal

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