Bill Sponsors: IL HB5757 | 2017-2018 | 100th General Assembly

Bill Title: Amends the Illinois Income Tax Act. Creates an income tax credit for an Illinois business that increases its average full-time employee head count in the State for the taxable year by more than 20% over its average full-time employee head count in the State for the immediately preceding taxable year. Provides that the amount of the credit is 20% of its tax liability under this Act (other than its withholding tax liability) for the taxable year. Provides that the credit is exempt from the Act's automatic sunset provision. Effective immediately.

Spectrum: Partisan Bill (Democrat 10-0)

Status: (Failed) 2019-01-08 - Session Sine Die [HB5757 Detail]

Text: Latest bill text (Introduced) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Representative Monica Bristow [D]PrimarySponsored BillsHD-111FollowTheMoneyBallotpediaVoteSmart
Representative Natalie Phelps Finnie [D]CosponsorSponsored BillsHD-118FollowTheMoneyBallotpediaVoteSmart
Representative Jerry Costello [D]CosponsorSponsored BillsHD-116FollowTheMoneyBallotpediaVoteSmart
Representative Deborah Conroy [D]CosponsorSponsored BillsHD-046FollowTheMoneyBallotpediaVoteSmart
Representative Katie Stuart [D]CosponsorSponsored BillsHD-112FollowTheMoneyBallotpediaVoteSmart
Representative Martin Moylan [D]CosponsorSponsored BillsHD-055FollowTheMoneyBallotpediaVoteSmart
Representative Sue Scherer [D]CosponsorSponsored BillsHD-096FollowTheMoneyBallotpediaVoteSmart
Representative Sam Yingling [D]CosponsorSponsored BillsHD-062FollowTheMoneyBallotpediaVoteSmart
Representative Michelle Mussman [D]CosponsorSponsored BillsHD-056FollowTheMoneyBallotpediaVoteSmart
Representative Justin Slaughter [D]CosponsorSponsored BillsHD-027FollowTheMoneyBallotpediaVoteSmart

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