Bill Status of HB5433  101st General Assembly

Short Description:  JOBS TRAINING CREDIT

House Sponsors
Rep. Tony McCombie - Grant Wehrli - Deanne M. Mazzochi - Amy Grant, Lindsay Parkhurst and Tom Weber

Last Action
DateChamber Action
  1/13/2021HouseSession Sine Die

Statutes Amended In Order of Appearance
New Act
35 ILCS 5/704A


Synopsis As Introduced
Creates the Industrial New Jobs Training Act. Provides that community college may enter into an agreement with an employer in which the employer provides certain education and job-training services. Provides that the program shall be funded by: (1) a new jobs credit from withholding to be received or derived from new employment resulting from the project; (2) tuition, student fees, or special charges fixed by the Board to defray program costs in whole or in part; or(3) a guarantee of payments to be received under paragraph (1) or (2). Provides that the community college may issue certificates for funding of the program. Amends the Illinois Income Tax Act to make conforming changes.

Actions 
DateChamber Action
  2/14/2020HouseFiled with the Clerk by Rep. Tony McCombie
  2/14/2020HouseChief Co-Sponsor Rep. Grant Wehrli
  2/14/2020HouseChief Co-Sponsor Rep. Deanne M. Mazzochi
  2/14/2020HouseChief Co-Sponsor Rep. Amy Grant
  2/14/2020HouseCo-Sponsor Rep. Lindsay Parkhurst
  2/14/2020HouseCo-Sponsor Rep. Tom Weber
  2/18/2020HouseFirst Reading
  2/18/2020HouseReferred to Rules Committee
  1/13/2021HouseSession Sine Die