Bill Sponsors: IL HB1478 | 2019-2020 | 101st General Assembly
Bill Title: Creates the Manufacturing Job Destination Tax Credit Act and amends the Illinois Income Tax Act. Provides for a credit of 25% of the Illinois labor expenditures made by a manufacturing company in order to foster job creation and retention in Illinois. Authorizes the Department of Revenue to award a tax credit to taxpayer-employers who apply for the credit and meet the certain Illinois labor, job training, and apprenticeship requirements. Sets minimum requirements and procedures for certifying a taxpayer as an "accredited manufacturer" and for awarding the credit. Effective January 1, 2020.
Spectrum: Partisan Bill (Republican 3-0)
Status: (Introduced - Dead) 2019-03-29 - Rule 19(a) / Re-referred to Rules Committee [HB1478 Detail]
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 3-0)
Status: (Introduced - Dead) 2019-03-29 - Rule 19(a) / Re-referred to Rules Committee [HB1478 Detail]
Text: Latest bill text (Introduced) [HTML]
Sponsors
Name | Type | Sponsorship | District | Financial | Encyclopedia | Biography |
---|---|---|---|---|---|---|
Representative Tony McCombie [R] | Primary | Sponsored Bills | HD-089 | FollowTheMoney | Ballotpedia | VoteSmart |
Representative Lindsay Parkhurst [R] | Cosponsor | Sponsored Bills | HD-079 | FollowTheMoney | Ballotpedia | VoteSmart |
Representative Tom Weber [R] | Cosponsor | Sponsored Bills | HD-064 | FollowTheMoney | Ballotpedia | VoteSmart |