Illinois General Assembly - Bill Status for SB4006
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 Bill Status of SB4006  102nd General Assembly


Short Description:  INC TX-EMPLOYMENT CREDIT

Senate Sponsors
Sen. Ram Villivalam

Last Action
DateChamber Action
  1/13/2021SenateSession 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 employers who hire residents of the State if those residents were unemployed as a result of the COVID-19 pandemic immediately prior to the date of hire by the taxpayer. Sets forth the amount of the credit. Effective immediately.

Actions 
DateChamber Action
  1/4/2021SenateFiled with Secretary by Sen. Ram Villivalam
  1/4/2021SenateFirst Reading
  1/4/2021SenateReferred to Assignments
  1/13/2021SenateSession Sine Die

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