Date	Chamber	Action
1/10/2017	House	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 5/224 new

Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates a credit for each person who hires a beginning farmer to do agricultural contract work for the production of crops or livestock in Illinois during the taxable year pursuant to a custom farming contract. Provides that the amount of the credit shall be 7% of the amount actually paid to the beginning farmer under the contract during the taxable year, except that, if the beginning farmer is a veteran, then, during the first taxable year of the contract, the amount of the credit shall be increased to 8% of the amount actually paid to that beginning farmer. Provides that the credit is exempt from the Act's automatic sunset provision. Effective immediately.

Actions 

Date	Chamber	Action
2/27/2015	House	Filed with the Clerk by Rep. Avery Bourne
2/27/2015	House	First Reading
2/27/2015	House	Referred to Rules Committee
3/12/2015	House	Assigned to Revenue & Finance Committee
3/13/2015	House	To Income Tax Subcommittee
3/27/2015	House	Rule 19(a) / Re-referred to Rules Committee
1/10/2017	House	Session Sine Die

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