HB 1594 Illinois House · 101st Regular Session

INC TX-HEAD COUNT CREDIT

Summary
Amends the Illinois Income Tax Act. Creates an income tax credit for an Illinois business that increases its average full-time employee head count in the State for the taxable year by more than 20% over its average full-time employee head count in the State for the immediately preceding taxable year. Provides that the amount of the credit is 20% of its tax liability under this Act (other than its withholding tax liability) for the taxable year. Provides that the credit is exempt from the Act's automatic sunset provision. Effective immediately.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2019
Committee Review
Floor Vote
Governor
Introduced Jan 30, 2019 Last action Aug 29, 2019
Floor votes

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Full legislative history

Actions timeline

Total actions
42
Key actions
1
Committee
4
Mar 29, 2019
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Feb 28, 2019
Lower · Passed
To Income Tax Subcommittee
lower
Feb 13, 2019
Committee
Assigned to Revenue & Finance Committee
lower
Feb 1, 2019
Committee
Referred to Rules Committee
lower
0 primary · 35 co-sponsors

Sponsors

No sponsor information available.