<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 1418   </title>
<shortdesc>INC TX-JOBS TAX CREDIT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Kurt M. Granberg</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2009</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/201</reference><aliasreference>from Ch. 120, par. 2-201</aliasreference><SynopsisText>     Amends the Illinois Income Tax Act. Provides that partners, shareholders of Subchapter S corporations, and owners of limited liability companies that are taxed as a partnership are entitled to receive the jobs tax credit in accordance with the determination of income and distributive share of income under certain provisions of the Internal Revenue Code. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/21/2007</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Kurt M. Granberg</action>
<statusdate>2/21/2007</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/21/2007</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/27/2007</statusdate><chamber>House</chamber><action>Assigned to Revenue Committee</action>
<statusdate>3/23/2007</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/13/2009</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

