Bill Status of HB 4002   103rd General Assembly


Short Description:  INC TX-VETERAN EMPLOYMENT

House Sponsors
Rep. Dave Vella

Last Action  View All Actions

DateChamber Action
  2/28/2023HouseReferred to Rules Committee

Statutes Amended In Order of Appearance
35 ILCS 5/234 new

Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who employ a veteran with a service connected disability for a period of at least 12 continuous months immediately before the end of the taxable year. Provides that the credit is in an amount equal to the percentage of disability suffered by the veteran multiplied by the employee's wage base. Provides that the veteran's wage base is the first $5,000 dollars in wages or compensation actually paid to the employee by the employer during the taxable year.

Actions 
DateChamber Action
  2/27/2023HouseFiled with the Clerk by Rep. Dave Vella
  2/28/2023HouseFirst Reading
  2/28/2023HouseReferred to Rules Committee

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