SB 1883 Illinois Senate · 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
Feb 2019
Committee Review
Floor Vote
Governor
Introduced Feb 15, 2019 Last action Mar 22, 2019
Floor votes

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Full legislative history

Actions timeline

Total actions
6
Key actions
1
Committee
4
Mar 22, 2019
Committee
Rule 3-9(a) / Re-referred to Assignments
upper
Mar 6, 2019
Upper · Passed
To Subcommittee on Tax Exemptions and Credits
upper
Feb 27, 2019
Committee
Assigned to Revenue
upper
Feb 15, 2019
Committee
Referred to Assignments
upper
0 primary · 1 co-sponsor

Sponsors

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