Bill Status of SB3182 96th General Assembly
Short Description: INC TX-TRAINING EXPENSE CREDIT
Sen. Kyle McCarter
| 1/12/2011||Senate||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Illinois Income Tax Act. Reinstates the training expense credit for tax years ending on or after December 31, 2010 and on or before December 30, 2020. 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, 2010 may be carried forward. Effective immediately.
|Date||Chamber|| Action|| 2/9/2010||Senate||Filed with Secretary by Sen. Kyle McCarter|| 2/9/2010||Senate||First Reading|| 2/9/2010||Senate||Referred to Assignments|| 2/24/2010||Senate||Assigned to Commerce|| 3/8/2010||Senate||Rule 3-9(a) / Re-referred to Assignments|| 1/12/2011||Senate||Session Sine Die|