Bill Texts: IL HB4289 | 2013-2014 | 98th General Assembly

Bill Title: Amends the Illinois Income Tax Act. Creates a credit for wages paid pursuant to a qualified apprenticeship program. Provides that a "qualified apprenticeship program" means an apprenticeship program in manufacturing, plastics, or construction trades that is certified by the Department of Commerce and Economic Opportunity and at least 4 years in duration. Provides that the credit may not exceed the lesser of (i) 50% of the wages paid by the taxpayer to each apprentice during the taxable year or (ii) $4,800 per apprentice. Provides that the credit may be carried forward for 5 taxable years. Provides that the credit is exempt from the Act's automatic sunset provision. Effective immediately.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Failed) 2014-12-03 - Session Sine Die [HB4289 Detail]

Bill Drafts

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Introduced2014-01-23HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois HB4289

Supplemental Documents

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No supplemental documents for Illinois HB4289 currently on file.

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