IL SB3874 | 2019-2020 | 101st General Assembly
Status
Completed Legislative Action
Spectrum: Slight Partisan Bill (Democrat 4-2)
Status: Failed on January 13 2021 - 100% progression
Action: 2021-01-13 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Spectrum: Slight Partisan Bill (Democrat 4-2)
Status: Failed on January 13 2021 - 100% progression
Action: 2021-01-13 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who employ individuals working within the engineering sector who graduated from an accredited institution of higher learning with a Bachelor's degree or higher. Provides that the credit shall be equal to 10% of the compensation paid for the first through fifth years of employment in the engineering sector if the qualified employee graduated from an institution located in Illinois or 5% of the compensation paid for the first through fifth years of employment in the engineering sector if the qualified employee graduated from an institution not located in Illinois. Effective immediately.
Title
INC TX-ENGINEERING STUDENTS
Sponsors
Sen. Ram Villivalam [D] | Sen. Donald DeWitte [R] | Sen. Melinda Bush [D] | Sen. Christopher Belt [D] |
Sen. David Koehler [D] | Sen. Jason Barickman [R] |
History
Date | Chamber | Action |
---|---|---|
2021-01-13 | Senate | Session Sine Die |
2020-06-24 | Senate | Pursuant to Senate Rule 3-9(b) / Referred to Assignments |
2020-05-27 | Senate | Senate Floor Amendment No. 1 Referred to Assignments |
2020-05-27 | Senate | Senate Floor Amendment No. 1 Filed with Secretary by Sen. Ram Villivalam |
2020-05-24 | Senate | Placed on Calendar Order of 2nd Reading November 17, 2020 |
2020-05-24 | Senate | Approved for Consideration Assignments |
2020-05-24 | Senate | Rule 2-10(a) Third Reading Deadline Established As June 23, 2020 |
2020-05-15 | Senate | Rule 2-10 Committee/3rd Reading Deadline Established As May 31, 2020 |
2020-05-07 | Senate | Rule 2-10 Third Reading/Passage Deadline Established As May 29, 2020 |
2020-05-07 | Senate | Rule 2-10 Committee Deadline Established As May 22, 2020 |
2020-04-30 | Senate | Rule 2-10 Third Reading/Passage Deadline Established As May 22, 2020 |
2020-04-30 | Senate | Rule 2-10 Committee Deadline Established As May 15, 2020 |
2020-04-23 | Senate | Rule 2-10 Third Reading/Passage Deadline Established As May 15, 2020 |
2020-04-23 | Senate | Rule 2-10 Committee Deadline Established As May 7, 2020 |
2020-04-16 | Senate | Rule 2-10 Committee Deadline Established As April 30, 2020 |
2020-04-12 | Senate | Pursuant to Senate Rule 3-9(b) / Referred to Assignments |
2020-03-25 | Senate | Rule 2-10 Third Reading/Passage Deadline Established As May 7, 2020 |
2020-03-25 | Senate | Rule 2-10 Committee Deadline Established As April 24, 2020 |
2020-03-18 | Senate | Rule 2-10 Committee Deadline Established As April 2, 2020 |
2020-03-12 | Senate | Assigned to Revenue |
2020-03-04 | Senate | Added as Chief Co-Sponsor Sen. Christopher Belt |
2020-03-03 | Senate | Added as Co-Sponsor Sen. Jason A. Barickman |
2020-02-27 | Senate | Added as Co-Sponsor Sen. David Koehler |
2020-02-25 | Senate | Added as Chief Co-Sponsor Sen. Melinda Bush |
2020-02-18 | Senate | Added as Chief Co-Sponsor Sen. Donald P. DeWitte |
2020-02-14 | Senate | Referred to Assignments |
2020-02-14 | Senate | First Reading |
2020-02-14 | Senate | Filed with Secretary by Sen. Ram Villivalam |