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<xml>
<title>Illinois General Assembly - Bill Status for HB 3498   </title>
<shortdesc>INC TX-COMMUNITY AGENCIES</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Jack McGuire, Esther Golar, Patrick J Verschoore and Mike Boland</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2009</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/218 new</reference><aliasreference></aliasreference><reference>35 ILCS 5/219 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Illinois Income Tax Act. Creates a tax credit for taxpayers who, during the taxable year, employ the service of a community agency to perform services for the taxpayer's business. Provides that the amount of the credit is the lesser of (i) 5% of the amount paid to that community agency or (ii) $50,000. Provides that the credit may not be carried forward or back and may not reduce the taxpayer's liability to less than zero. Creates a tax credit for employers who, for at least 27 weeks during the taxable year, employ an individual with a disability who, during the taxable year, received services from a community agency. Provides that the amount of the credit is 50% of the amount withheld by the taxpayer under the Act with respect to that employee during the taxable year. Provides that the credit may not be carried forward or back and may not reduce the taxpayer's liability to less than zero. Defines "community agency" with respect to each of these credits. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/27/2007</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Jack McGuire</action>
<statusdate>2/28/2007</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/28/2007</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/1/2007</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>2/6/2008</statusdate><chamber>House</chamber><action>Assigned to Revenue Committee</action>
<statusdate>2/26/2008</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Esther Golar</action>
<statusdate>2/26/2008</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Patrick J Verschoore</action>
<statusdate>2/26/2008</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Mike Boland</action>
<statusdate>3/14/2008</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>

