HB 4608

  • Illinois House Bill
  • 98th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Inc Tx-Youthbuild

Abstract

Amends the Illinois Income Tax Act. Creates a credit for taxpayers that operate a Youthbuild program in the State during the taxable year. Sets forth the amount of the credit. Provides that, if the amount of the credit exceeds the taxpayer's income tax liability for the applicable tax year, then the excess credit shall be refunded to the taxpayer. Provides that the credit is exempt from the Act's automatic sunset provision.

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Dec 03, 2014

House

Session Sine Die

Mar 28, 2014

House

Rule 19(a) / Re-referred to Rules Committee

Mar 11, 2014

House

To Income Tax Subcommittee

Mar 03, 2014

House

Assigned to Revenue & Finance Committee

Feb 04, 2014

House

Filed with the Clerk by Rep. Derrick Smith

House

Referred to Rules Committee

House

First Reading

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