Illinois General Assembly - Bill Status for HB3556

Synopsis As Introduced
Creates the Transforming, Helping, and Reviving Illinois' Versatile Economy (THRIVE) Job Creation Tax Credit Act. Provides that the Department of Commerce and Economic Opportunity shall award an income tax credit to taxpayers that meet certain criteria. Contains job creation and capital investment requirements. Provides that the credit may not exceed 50% of the incremental income tax attributable to the applicant's project. Amends the Illinois Income Tax Act to make conforming changes. Effective immediately.

Actions

Date	Chamber	Action
2/10/2017	House	Filed with the Clerk by Rep. Keith R. Wheeler
2/10/2017	House	First Reading
2/10/2017	House	Referred to Rules Committee
3/1/2017	House	Assigned to Revenue & Finance Committee
3/9/2017	House	To Growth, Reform & Fairness Subcommittee
3/31/2017	House	Rule 19(a) / Re-referred to Rules Committee
5/25/2017	House	Added Chief Co-Sponsor Rep. Thomas M. Bennett
1/8/2019	House	Session Sine Die

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