Bill Status of HB 399   100th General Assembly


Short Description:  INC TAX CREDIT INTERNS

House Sponsors
Rep. David B. Reis and Lou Lang

Last Action  View All Actions

DateChamber Action
  1/8/2019HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/224 new

Synopsis As Introduced
Amends the Illinois Income Tax Act. Authorizes a credit to taxpayers for 10% of stipends or salaries paid to qualified college interns. Limits the credit to stipends and salaries paid to 5 interns each year. Limits each taxpayer's credit to $3,000 for all years combined. Defines "qualified college intern". Provides that the credit may not reduce the taxpayer's liability to less than zero and may not be carried forward or back. Provides that the credit is exempt from the Act's sunset provisions. Effective immediately.

Actions 
DateChamber Action
  1/12/2017HouseFiled with the Clerk by Rep. David B. Reis
  1/12/2017HouseFirst Reading
  1/12/2017HouseReferred to Rules Committee
  1/25/2017HouseAssigned to Revenue & Finance Committee
  2/24/2017HouseTo Income Tax Subcommittee
  3/2/2017HouseAdded Co-Sponsor Rep. Lou Lang
  3/31/2017HouseRule 19(a) / Re-referred to Rules Committee
  1/8/2019HouseSession Sine Die

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