Bill Texts: IL HB2920 | 2019-2020 | 101st General Assembly

Bill Title: Amends the Illinois Income Tax Act. Creates an income tax credit and a credit against insurance premium taxes for business entities for the cost of providing certain commuter benefits to employees. Provides that the credit shall be equal to 50% of the cost of providing the eligible commuter benefits, but not to exceed $100 per individual employee per month.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2019-03-29 - Rule 19(a) / Re-referred to Rules Committee [HB2920 Detail]

Bill Drafts

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Introduced2019-02-14HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois HB2920

Supplemental Documents

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No supplemental documents for Illinois HB2920 currently on file.

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