Bill Status of SB2173 102nd General Assembly
Short Description: INC TX-APPRENTICESHIP CREDIT
Sen. Neil Anderson - Craig Wilcox
| 3/16/2021||Senate||Assigned to Revenue|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that an apprentice who is hired by the taxpayer through the United States Department of Defense SkillBridge internship program is considered a qualifying apprentice for the purpose of the apprenticeship education expense credit. Provides that, in the case of an employee participating in the SkillBridge program, the credit shall be equal to $3,500 per qualifying apprentice. Effective immediately.