90th General Assembly
Status of SB0965
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COLLINS.

   35 ILCS 5/211 new                                                           

        Amends the Illinois Income Tax Act to create  for  each  employer      
   (i)  a  wage  credit  equal to 10% of the first $10,000 and 20% of the      
   second $10,000 paid to Welfare-To-Work employees up to $3,000 per year      
   per employee for up to 3 years, (ii) a basic  skills  training  credit      
   equal  to  $15  per  hour,  up to 150 hours, for basic skills training      
   provided to Welfare-to-Work  employees  up  to  $2,250  per  year  per      
   employee  for up to 3 years, and (iii) a support services credit equal      
   to the  cost  of  providing  support  services  to  a  Welfare-To-Work      
   employee  up  to  $2,250  per  employee  per  year  for up to 3 years.      
   Provides that these credits will be available for tax years  beginning      
   on or after January 1, 1997 and ending on or before December 30, 2007.      
   Provides  that  an  employer  may  not  claim  these credits until the      
   employee has been continuously employed by the employer for a  minimum      
   of 6 months.  Effective immediately.                                        
   97-02-07  S  FIRST READING                                                  
   97-02-07  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   97-02-19  S       ASSIGNED TO COMMITTEE               REVENUE               
   97-03-06  S                                 POSTPONED                       
   97-03-06  S                   COMMITTEE               REVENUE               
   97-03-15  S  RE-REFERRED TO RULES COMM/RULE 3-9(A)    RULES                 
   99-01-12  S  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary