IL HB1405 | 2011-2012 | 97th General Assembly
Status
Completed Legislative Action
Spectrum: Moderate Partisan Bill (Republican 4-1)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Spectrum: Moderate Partisan Bill (Republican 4-1)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Summary
Creates the Manufacturing Job Destination Tax Credit Act and amends the Illinois Income Tax Act. Provides for a credit of 25% of the Illinois labor expenditures made by a manufacturing company in order to foster job creation and retention in Illinois. Authorizes the Department of Revenue to award a tax credit to taxpayer-employers who apply for the credit and meet certain Illinois labor expenditure requirements. Sets minimum requirements and procedures for certifying a taxpayer as an "accredited manufacturer" and for awarding the credit. Effective immediately.
Title
MANUFACTURING JOB CREDIT
Sponsors
Rep. Bill Mitchell [R] | Rep. David Reis [R] | Rep. John Cavaletto [R] | Rep. Adam Brown [R] |
Rep. Paul Evans [D] |
History
Date | Chamber | Action |
---|---|---|
2013-01-08 | House | Session Sine Die |
2011-11-10 | House | Added Chief Co-Sponsor Rep. Paul Evans |
2011-03-17 | House | Rule 19(a) / Re-referred to Rules Committee |
2011-02-28 | House | Added Chief Co-Sponsor Rep. Adam Brown |
2011-02-16 | House | Added Chief Co-Sponsor Rep. John D. Cavaletto |
2011-02-16 | House | Added Chief Co-Sponsor Rep. David Reis |
2011-02-15 | House | Assigned to Revenue & Finance Committee |
2011-02-14 | House | Referred to Rules Committee |
2011-02-14 | House | First Reading |
2011-02-09 | House | Filed with the Clerk by Rep. Bill Mitchell |
Code Citations
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1405&GAID=11&DocTypeID=HB&SessionID=84&GA=97 |
Text | https://www.ilga.gov/legislation/97/HB/09700HB1405.htm |