HB 5469 Illinois House · 100th Regular Session

MANUFACTURING JOB CREDIT

Summary
Creates the Manufacturing Job Destination Tax Credit Act and amends the Illinois Income Tax Act. Provides for a credit of 25% of the Illinois labor expenditures made by a manufacturing company in order to foster job creation and retention in Illinois. Authorizes the Department of Revenue to award a tax credit to taxpayer-employers who apply for the credit and meet the certain Illinois labor, job training, and apprenticeship requirements. Sets minimum requirements and procedures for certifying a taxpayer as an "accredited manufacturer" and for awarding the credit. Effective January 1, 2019.
Bill status failed 1 of 4 stages cleared
Introduction
Feb 2018
Committee Review
Floor Vote
Governor
Introduced Feb 16, 2018 Last action Jan 8, 2019
Floor votes

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Full legislative history

Actions timeline

Total actions
8
Key actions
1
Committee
4
Apr 13, 2018
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Apr 12, 2018
Lower · Passed
To Income Tax Subcommittee
lower
Mar 7, 2018
Committee
Assigned to Revenue & Finance Committee
lower
Feb 16, 2018
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor

Sponsors

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