Illinois General Assembly - Bill Status for HB3568
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 Bill Status of HB3568  97th General Assembly


Short Description:  INC TX-TRAINING EXPENSE CREDIT

House Sponsors
Rep. David Harris - Sidney H. Mathias - Sandra M. Pihos - Chris Nybo - Jil Tracy and Dwight Kay

Last Action
DateChamber Action
  1/8/2013HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/201from Ch. 120, par. 2-201


Synopsis As Introduced
Amends the Illinois Income Tax Act. Reinstates the training expense credit for tax years ending on or after December 31, 2011 and on or before December 30, 2021. 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, 2011 may be carried forward. Effective immediately.

Actions 
DateChamber Action
  2/24/2011HouseFiled with the Clerk by Rep. David Harris
  2/24/2011HouseChief Co-Sponsor Rep. Sidney H. Mathias
  2/24/2011HouseChief Co-Sponsor Rep. Sandra M. Pihos
  2/24/2011HouseChief Co-Sponsor Rep. Chris Nybo
  2/24/2011HouseChief Co-Sponsor Rep. Jil Tracy
  2/24/2011HouseCo-Sponsor Rep. Dwight Kay
  2/24/2011HouseFirst Reading
  2/24/2011HouseReferred to Rules Committee
  3/3/2011HouseAssigned to Revenue & Finance Committee
  3/17/2011HouseRule 19(a) / Re-referred to Rules Committee
  1/8/2013HouseSession Sine Die

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