HB 4492 Illinois House · 101st Regular Session

INC TX-WITHHOLDING CREDIT

Summary
Amends the Illinois Income Tax Act. Creates a credit against withholding tax payments for employers with 250 or fewer full-time equivalent employees in an amount equal to a percentage of the compensation paid to qualified employees who received a raise from the employer.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2020
Committee Review
Floor Vote
Governor
Introduced Feb 4, 2020 Last action Jun 23, 2020
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
7
Key actions
1
Committee
4
Jun 23, 2020
Committee
Rule 19(b) / Re-referred to Rules Committee
lower
Feb 27, 2020
Lower · Passed
To Income Tax Subcommittee
lower
Feb 18, 2020
Committee
Assigned to Revenue & Finance Committee
lower
Feb 4, 2020
Committee
Referred to Rules Committee
lower
0 primary · 2 co-sponsors

Sponsors

No sponsor information available.