Bill Title: Amends the Illinois Income Tax Act. Reinstates the training expense credit for tax years ending on or after December 31, 2011 and on or before December 30, 2021. Increases the amount of the credit from 1.6% of training expenses to 2% of training expenses. Provides that the training expense credit earned on or after December 31, 2011 may be carried forward. Effective immediately.

Spectrum: Partisan Bill (Republican 6-0)

Status: (Failed) 2013-01-08 - Session Sine Die [HB3568 Detail]

Text: Latest bill text (Introduced) [HTML]

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Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Representative David Harris [R]	Primary	Sponsored Bills	HD-053	FollowTheMoney	Ballotpedia	VoteSmart
Representative Sidney Mathias [R]	Cosponsor	Sponsored Bills	HD-053	FollowTheMoney	Ballotpedia	VoteSmart
Representative Sandra Pihos [R]	Cosponsor	Sponsored Bills	HD-048	FollowTheMoney	Ballotpedia	VoteSmart
Senator Chris Nybo [R]	Cosponsor	Sponsored Bills	SD-024	FollowTheMoney	Ballotpedia	VoteSmart
Senator Jil Tracy [R]	Cosponsor	Sponsored Bills	SD-050	FollowTheMoney	Ballotpedia	VoteSmart
Representative Dwight Kay [R]	Cosponsor	Sponsored Bills	HD-112	FollowTheMoney	Ballotpedia	VoteSmart

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