INC TX-TRAINING EXPENSE CREDIT House SponsorsRep. Ronald A. Wait-John D. Cavaletto 1/11/2011HouseSession Sine Die 35 ILCS 5/201from Ch. 120, par. 2-201 Amends the Illinois Income Tax Act. Reinstates the training expense credit for tax years ending on or after December 31, 2010 and on or before December 30, 2020. 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, 2009 may be carried forward. Effective immediately. 2/23/2009HouseFiled with the Clerk by Rep. Tom Cross 2/24/2009HouseFirst Reading 2/24/2009HouseReferred to Rules Committee 3/2/2009HouseChief Sponsor Changed to Rep. Ronald A. Wait 3/2/2009HouseAdded Chief Co-Sponsor Rep. John D. Cavaletto 3/3/2009HouseAssigned to Revenue & Finance Committee 3/13/2009HouseRule 19(a) / Re-referred to Rules Committee 1/11/2011HouseSession Sine Die