INC TX-TRAINING EXPENSE
Summary
Amends the Illinois Income Tax Act. Reinstates the training expense credit for tax years ending on or after December 31, 2015 and prior to December 31, 2025. Increases the amount of the credit from 1.6% of training expenses to 2% of training expenses. Provides that the training expense credit earned on or after December 31, 2015 may be carried forward. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Jan 2015
Committee Review
Floor Vote
Governor
Introduced Jan 28, 2015
Last action Jan 10, 2017
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
8
Key actions
0
Committee
4
Jan 10, 2017
House · Failed
Session Sine Die
Mar 27, 2015
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
Feb 20, 2015
House · Reported by committee
To Income Tax Subcommittee
Feb 13, 2015
House · Referred to committee
Assigned to Revenue & Finance Committee
Jan 28, 2015
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
David B. Reis
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about HB 345
Scope: IL
Hi! I can help you understand HB 345. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline