HB 5799 Illinois House · 97th 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 certain Illinois labor expenditure requirements. Sets minimum requirements and procedures for certifying a taxpayer as an "accredited manufacturer" and for awarding the credit. Effective immediately.
Bill status failed 1 of 4 stages cleared
Introduction
Feb 2012
Committee Review
Floor Vote
Governor
Introduced Feb 16, 2012 Last action Jan 8, 2013
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Full legislative history

Actions timeline

Total actions
9
Key actions
0
Committee
1
Jan 8, 2013
House · Failed
Session Sine Die
Feb 16, 2012
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
Co
Photo of Dwight Kay
Dwight Kay
RRepublican
IL
112