IL HB2037 | 2019-2020 | 101st General Assembly
Status
Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Introduced on February 1 2019 - 25% progression, died in committee
Action: 2019-12-02 - Added Co-Sponsor Rep. Katie Stuart
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 1 2019 - 25% progression, died in committee
Action: 2019-12-02 - Added Co-Sponsor Rep. Katie Stuart
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Illinois Income Tax Act. Makes changes to a credit awarded for wages paid to qualified veterans. Provides that the credit shall be: (1) $5,000 (instead of 20% of the gross wages, but not to exceed $5,000) for certain veterans who were unemployed at the time of hire; and (2) $1,200 (instead of 10% of the gross wages, but not to exceed $1,200) for other qualified veterans. Changes the definition of "qualified veteran" to include all Illinois residents who are members of the National Guard, reserve, or regular component of the Armed Forces of the United States. Allows the credit to be prorated. Provides that the credit is exempt from the Act's automatic sunset provision. Effective immediately.
Title
INCOME TAX-VETERANS
Sponsors
History
Date | Chamber | Action |
---|---|---|
2019-12-02 | House | Added Co-Sponsor Rep. Katie Stuart |
2019-03-29 | House | Rule 19(a) / Re-referred to Rules Committee |
2019-02-28 | House | To Income Tax Subcommittee |
2019-02-21 | House | Added Chief Co-Sponsor Rep. Darren Bailey |
2019-02-19 | House | Assigned to Revenue & Finance Committee |
2019-02-04 | House | Referred to Rules Committee |
2019-02-04 | House | First Reading |
2019-02-01 | House | Filed with the Clerk by Rep. John M. Cabello |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
35 | 5 | 217 | Amended Code | Citation Text |
35 | 5 | 217.1 | Amended Code | Citation Text |
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2037&GAID=15&DocTypeID=HB&SessionID=108&GA=101 |
Text | https://www.ilga.gov/legislation/101/HB/10100HB2037.htm |