Bill Texts: IL SB3390 | 2011-2012 | 97th General Assembly

Bill Title: Amends the Illinois Income Tax Act. Creates a credit in an amount equal to: (i) 100% of the cost of unemployment insurance and worker's compensation paid during the taxable year for each employee hired by the taxpayer during the taxable year and (ii) 50% of the cost of unemployment insurance and worker's compensation paid during the taxable year for each employee hired by the taxpayer during the previous taxable year. Effective immediately.

Sponsorship: Partisan Bill (Republican 1)

Status: (Failed) 2013-01-08 - Session Sine Die [SB3390 Detail]

Bill Drafts

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Introduced2012-02-07HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois SB3390

Supplemental Documents

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No supplemental documents for Illinois SB3390 currently on file.

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