Bill Status of HB 3498   95th General Assembly

Short Description:  INC TX-COMMUNITY AGENCIES

House Sponsors
Rep. Jack McGuire, Esther Golar, Patrick J Verschoore and Mike Boland

Last Action  View All Actions

DateChamber Action
  1/13/2009HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/218 new
35 ILCS 5/219 new

Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates a tax credit for taxpayers who, during the taxable year, employ the service of a community agency to perform services for the taxpayer's business. Provides that the amount of the credit is the lesser of (i) 5% of the amount paid to that community agency or (ii) $50,000. Provides that the credit may not be carried forward or back and may not reduce the taxpayer's liability to less than zero. Creates a tax credit for employers who, for at least 27 weeks during the taxable year, employ an individual with a disability who, during the taxable year, received services from a community agency. Provides that the amount of the credit is 50% of the amount withheld by the taxpayer under the Act with respect to that employee during the taxable year. Provides that the credit may not be carried forward or back and may not reduce the taxpayer's liability to less than zero. Defines "community agency" with respect to each of these credits. Effective immediately.

Actions 
DateChamber Action
  2/27/2007HouseFiled with the Clerk by Rep. Jack McGuire
  2/28/2007HouseFirst Reading
  2/28/2007HouseReferred to Rules Committee
  3/1/2007HouseAssigned to Revenue Committee
  3/23/2007HouseRule 19(a) / Re-referred to Rules Committee
  2/6/2008HouseAssigned to Revenue Committee
  2/26/2008HouseAdded Co-Sponsor Rep. Esther Golar
  2/26/2008HouseAdded Co-Sponsor Rep. Patrick J Verschoore
  2/26/2008HouseAdded Co-Sponsor Rep. Mike Boland
  3/14/2008HouseRule 19(a) / Re-referred to Rules Committee
  1/13/2009HouseSession Sine Die

Back To Top