HB 3340 Illinois House · 98th Regular Session

INC TX- VETERANS

Summary
Amends the Illinois Income Tax Act. Makes changes to a credit awarded for wages paid to qualified veterans. Provides that the credit shall be: (1) $5,000 (instead of 20% of the gross wages, but not to exceed $5,000) for certain veterans who were unemployed at the time of hire; and (2) $1,200 (instead of 10% of the gross wages, but not to exceed $1,200) for other qualified veterans. Changes the definition of "qualified veteran" to include all Illinois residents who are members of the National Guard, reserve, or regular component of the Armed Forces of the United States. Allows the credit to be prorated. Provides that the credit is exempt from the Act's automatic sunset provision. Effective immediately.
Bill status failed 1 of 4 stages cleared
Introduction
Feb 2013
Committee Review
Floor Vote
Governor
Introduced Feb 26, 2013 Last action Dec 3, 2014
Floor votes

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Full legislative history

Actions timeline

Total actions
10
Key actions
1
Committee
6
Amendments
1
Mar 22, 2013
Committee
House Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee
lower
Mar 22, 2013
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 19, 2013
Lower · Passed
House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
lower
Mar 18, 2013
Committee
House Committee Amendment No. 1 Referred to Rules Committee
lower
Mar 18, 2013
Introduced
House Committee Amendment No. 1 Filed with Clerk by Rep. John M. Cabello
lower
Mar 11, 2013
Committee
Assigned to Revenue & Finance Committee
lower
Feb 26, 2013
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor

Sponsors

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