INC TX-TRAINING EXPENSE CREDIT House SponsorsRep. Lou Lang-Derrick Smith 12/3/2014HouseSession 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, 2013 and on or before December 30, 2023. 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, 2013 may be carried forward. Effective immediately. 1/30/2013HouseFiled with the Clerk by Rep. Lou Lang 1/30/2013HouseFirst Reading 1/30/2013HouseReferred to Rules Committee 5/29/2013HouseAdded Chief Co-Sponsor Rep. Derrick Smith 12/3/2014HouseSession Sine Die