IL HB5419 | 2019-2020 | 101st General Assembly
Status
Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on February 14 2020 - 25% progression, died in committee
Action: 2020-02-18 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 14 2020 - 25% progression, died in committee
Action: 2020-02-18 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Illinois Income Tax Act. Provides that a taxpayer is entitled to an income tax credit for each person who is (i) 55 years of age or older during the taxable year and (ii) employed by the taxpayer at a location in this State for not less than 185 days during the taxable year. Provides that the credit may be carried forward. Provides that the credit is exempt from the Act's automatic sunset provision. Effective immediately.
Title
INC TX-WAGES PAID TO SENIORS
Sponsors
| Rep. Tom Weber [R] | Rep. Grant Wehrli [R] | Rep. Amy Grant [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2020-02-18 | House | Referred to Rules Committee |
| 2020-02-18 | House | First Reading |
| 2020-02-14 | House | Chief Co-Sponsor Rep. Amy Grant |
| 2020-02-14 | House | Chief Co-Sponsor Rep. Grant Wehrli |
| 2020-02-14 | House | Filed with the Clerk by Rep. Tom Weber |
Code Citations
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=5419&GAID=15&DocTypeID=HB&SessionID=108&GA=101 |
| Text | https://www.ilga.gov/legislation/101/HB/10100HB5419.htm |
