SB 3992

  • Illinois Senate Bill
  • 101st Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Inc Tx-Employment

Abstract

Amends the Illinois Income Tax Act. Creates an income tax credit for employers who hire residents of the State to work in the fields of technology, health care, or manufacturing if those residents were unemployed as a result of the COVID-19 pandemic. Sets forth the amount of the credit. Effective immediately.

Bill Sponsors (7)

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May 29, 2020

Senate

Added as Co-Sponsor Sen. Bill Cunningham

May 24, 2020

Senate

Added as Chief Co-Sponsor Sen. Mattie Hunter

Senate

Added as Chief Co-Sponsor Sen. Jacqueline Y. Collins

May 22, 2020

Senate

Added as Co-Sponsor Sen. David Koehler

Senate

Added as Co-Sponsor Sen. Paul Schimpf

May 21, 2020

Senate

Added as Chief Co-Sponsor Sen. Iris Y. Martinez

May 20, 2020

Senate

First Reading

Senate

Referred to Assignments

Senate

Filed with Secretary by Sen. Ram Villivalam

Bill Text

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Sources

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