Date	Chamber	Action
1/10/2023	Senate	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 5/232 new

Synopsis As Introduced
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.

Actions 

Date	Chamber	Action
2/26/2021	Senate	Filed with Secretary by Sen. Rachelle Crowe
2/26/2021	Senate	First Reading
2/26/2021	Senate	Referred to Assignments
3/23/2021	Senate	Assigned to Revenue
4/16/2021	Senate	Rule 3-9(a) / Re-referred to Assignments
6/15/2022	Senate	Chief Sponsor Changed to Sen. Don Harmon
1/10/2023	Senate	Session Sine Die

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