Illinois General Assembly - Bill Status for HB3162

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Bill Status of HB3162 96th General Assembly

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Short Description: INC TX-TRAINING EXPENSE CREDIT

House Sponsors
Rep. Ronald A. Wait - John D. Cavaletto

Last Action

Date	Chamber	Action
1/11/2011	House	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 5/201

from Ch. 120, par. 2-201

Synopsis As Introduced
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.

Actions

Date	Chamber	Action
2/23/2009	House	Filed with the Clerk by Rep. Tom Cross
2/24/2009	House	First Reading
2/24/2009	House	Referred to Rules Committee
3/2/2009	House	Chief Sponsor Changed to Rep. Ronald A. Wait
3/2/2009	House	Added Chief Co-Sponsor Rep. John D. Cavaletto
3/3/2009	House	Assigned to Revenue & Finance Committee
3/13/2009	House	Rule 19(a) / Re-referred to Rules Committee
1/11/2011	House	Session Sine Die

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