Bill Texts: IL HB1594 | 2019-2020 | 101st General Assembly

Bill Title: Amends the Illinois Income Tax Act. Creates an income tax credit for an Illinois business that increases its average full-time employee head count in the State for the taxable year by more than 20% over its average full-time employee head count in the State for the immediately preceding taxable year. Provides that the amount of the credit is 20% of its tax liability under this Act (other than its withholding tax liability) for the taxable year. Provides that the credit is exempt from the Act's automatic sunset provision. Effective immediately.

Spectrum: Partisan Bill (Democrat 37-0)

Status: (Introduced - Dead) 2019-08-29 - Added Co-Sponsor Rep. Anna Moeller [HB1594 Detail]

Bill Drafts

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Introduced2019-01-30HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois HB1594

Supplemental Documents

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No supplemental documents for Illinois HB1594 currently on file.

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