Illinois General Assembly - Bill Status for SB3165

Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers, other than taxpayers that receive credits under the Economic Development for a Growing Economy Tax Credit Act, in an amount equal to $2,100 for each new employee who is (i) hired by the taxpayer on and after the effective date of the amendatory Act and (ii) employed by the taxpayer for a period of exactly 12 consecutive months at any point during the taxable year. Provides that all or a portion of the credit may be used as a credit against the taxpayer's withholding tax liability. Provides that the credit may be carried forward. Effective immediately.

Actions

Date	Chamber	Action
2/9/2010	Senate	Filed with Secretary by Sen. Bill Brady
2/9/2010	Senate	First Reading
2/9/2010	Senate	Referred to Assignments
2/24/2010	Senate	Assigned to Commerce
3/5/2010	Senate	Rule 2-10 Committee Deadline Established As March 19, 2010
3/19/2010	Senate	Rule 3-9(a) / Re-referred to Assignments
1/12/2011	Senate	Session Sine Die

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