Bill Status of HB 5845   96th General Assembly


Short Description:  INC TX-EAST ST LOUIS JOBS CR

House Sponsors
Rep. Eddie Lee Jackson, Sr.

Last Action  View All Actions

DateChamber Action
  1/11/2011HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/219 new

Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates an income tax credit pilot program for taxable years ending on or after December 31, 2010 and on or before December 31, 2011, granting an income tax credit to employers in an amount equal to 10% of the wages paid by the employer during the taxable year to employees (i) who are newly hired by the employer during the taxable year to work at a location in East St. Louis, Illinois and (ii) who are not younger than 18 years of age and not older than 40 years of age during the taxable year. Requires a report so that the General Assembly may consider whether to extend the credit for further tax years and to other or all areas of the State. Effective immediately.

Actions 
DateChamber Action
  2/10/2010HouseFiled with the Clerk by Rep. Eddie Lee Jackson, Sr.
  2/10/2010HouseFirst Reading
  2/10/2010HouseReferred to Rules Committee
  1/11/2011HouseSession Sine Die

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