Illinois General Assembly - Bill Status for HB3398
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 Bill Status of HB3398  100th General Assembly


Short Description:  INC TX-TRAINING EXPENSE CREDIT

House Sponsors
Rep. Wayne Rosenthal - Dwight Kay - Patricia R. Bellock

Last Action
DateChamber Action
  12/3/2014HouseSession 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, 2013 and on or before December 30, 2023. 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, 2013 may be carried forward. Effective immediately.

Actions 
DateChamber Action
  2/26/2013HouseFiled with the Clerk by Rep. Wayne Rosenthal
  2/26/2013HouseFirst Reading
  2/26/2013HouseReferred to Rules Committee
  3/11/2013HouseAdded Chief Co-Sponsor Rep. Dwight Kay
  3/11/2013HouseAdded Chief Co-Sponsor Rep. Patricia R. Bellock
  3/11/2013HouseAssigned to Revenue & Finance Committee
  3/22/2013HouseRule 19(a) / Re-referred to Rules Committee
  12/3/2014HouseSession Sine Die

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