Illinois General Assembly

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 Bill Status of SB2698  98th General Assembly


Short Description:  INC TX-CREDIT-UNEMPLOYED

Senate Sponsors
Sen. Jennifer Bertino-Tarrant - Mike Jacobs - Michael E. Hastings - Jacqueline Y. Collins - Steve Stadelman, Steven M. Landek, James F. Clayborne, Jr., Kimberly A. Lightford, Patricia Van Pelt, Chapin Rose, Michael Connelly and Julie A. Morrison

House Sponsors
(Rep. Lawrence M. Walsh, Jr. - Natalie A. Manley - Tom Cross - Patrick J. Verschoore - Jerry F. Costello, II)

Last Action
DateChamber Action
  1/13/2015SenateSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/224 new


Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that each taxpayer who employs a long-term unemployed person during the taxable year is entitled to an income tax credit of: (1) $500 in the taxable year in which the long-term unemployed person is initially hired by the taxpayer; (2) $750 in the first taxable year after the long-term unemployed person is initially hired by the taxpayer; and (3) $1,250 in the second taxable year after the long-term unemployed person is initially hired by the taxpayer. Provides that the taxpayer may receive a partial credit if the person is employed by the taxpayer for only part of a taxable year. Provides that the credit may be carried forward. Provides that the credit is exempt from the Act's automatic sunset provisions. Effective immediately.

Senate Floor Amendment No. 1
Replaces everything after the enacting clause. Reinserts the provisions of the introduced bill with the following changes: (1) provides that the credit for individuals who are employed by the taxpayer for a partial year shall be calculated based on the number of weeks (instead of the number of days) of employment; and (2) provides that the term "long-term unemployed person" means a person who (i) was unemployed for a period of at least 27 consecutive weeks (in the introduced bill, "an aggregate period of 27 weeks") ending on the Saturday immediately preceding the date he or she was hired by the taxpayer, (ii) was an Illinois resident on the date he or she was hired by the taxpayer, (iii) is employed by the taxpayer during the taxable year as a full-time employee, and (iv) was not enrolled as a full-time student at a public or private high school, community college, or university at any point during the 27-week period immediately preceding the date he or she was hired by the taxpayer. Effective immediately.

Actions 
DateChamber Action
  1/28/2014SenateFiled with Secretary by Sen. Jennifer Bertino-Tarrant
  1/28/2014SenateFirst Reading
  1/28/2014SenateReferred to Assignments
  1/29/2014SenateAdded as Chief Co-Sponsor Sen. Mike Jacobs
  1/29/2014SenateAdded as Chief Co-Sponsor Sen. Michael E. Hastings
  2/4/2014SenateAdded as Chief Co-Sponsor Sen. Jacqueline Y. Collins
  2/4/2014SenateAdded as Chief Co-Sponsor Sen. Steve Stadelman
  2/11/2014SenateAssigned to Revenue
  2/18/2014SenateAdded as Co-Sponsor Sen. Steven M. Landek
  2/20/2014SenateDo Pass Revenue; 012-000-000
  2/20/2014SenatePlaced on Calendar Order of 2nd Reading February 25, 2014
  3/4/2014SenateAdded as Co-Sponsor Sen. James F. Clayborne, Jr.
  3/19/2014SenateAdded as Co-Sponsor Sen. Kimberly A. Lightford
  3/31/2014SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Jennifer Bertino-Tarrant
  3/31/2014SenateSenate Floor Amendment No. 1 Referred to Assignments
  4/2/2014SenateSenate Floor Amendment No. 1 Assignments Refers to Revenue
  4/3/2014SenateSenate Floor Amendment No. 1 Recommend Do Adopt Revenue; 012-000-000
  4/3/2014SenateSecond Reading
  4/3/2014SenateSenate Floor Amendment No. 1 Adopted; Bertino-Tarrant
  4/3/2014SenatePlaced on Calendar Order of 3rd Reading April 7, 2014
  4/3/2014SenateAdded as Co-Sponsor Sen. Patricia Van Pelt
  4/7/2014SenateAdded as Co-Sponsor Sen. Chapin Rose
  4/7/2014SenateAdded as Co-Sponsor Sen. Michael Connelly
  4/7/2014SenateAdded as Co-Sponsor Sen. Julie A. Morrison
  4/7/2014SenateThird Reading - Passed; 044-000-000
  4/7/2014HouseArrived in House
  4/7/2014HouseChief House Sponsor Rep. Lawrence M. Walsh, Jr.
  4/7/2014HouseFirst Reading
  4/7/2014HouseReferred to Rules Committee
  4/8/2014HouseAdded Alternate Chief Co-Sponsor Rep. Natalie A. Manley
  4/8/2014HouseAdded Alternate Chief Co-Sponsor Rep. Tom Cross
  4/8/2014HouseAdded Alternate Chief Co-Sponsor Rep. Patrick J. Verschoore
  4/8/2014HouseAdded Alternate Chief Co-Sponsor Rep. Jerry F. Costello, II
  4/28/2014HouseAssigned to Revenue & Finance Committee
  5/1/2014HouseTo Income Tax Subcommittee
  5/16/2014HouseRule 19(a) / Re-referred to Rules Committee
  1/13/2015SenateSession Sine Die

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