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<xml>
<title>Illinois General Assembly - Bill Status for HB 5845   </title>
<shortdesc>INC TX-EAST ST LOUIS JOBS CR</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Eddie Lee Jackson, Sr.</sponsors>
</sponsor>
<lastaction>
<statusdate>1/11/2011</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/219 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Illinois Income Tax Act. Creates an income tax credit pilot program for taxable years ending on or after December 31, 2010 and on or before December 31, 2011, granting an income tax credit to employers in an amount equal to 10% of the wages paid by the employer during the taxable year to employees (i) who are newly hired by the employer during the taxable year to work at a location in East St. Louis, Illinois and (ii) who are not younger than 18 years of age and not older than 40 years of age during the taxable year. Requires a report so that the General Assembly may consider whether to extend the credit for further tax years and to other or all areas of the State. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/10/2010</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Eddie Lee Jackson, Sr.</action>
<statusdate>2/10/2010</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/10/2010</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/11/2011</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

