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<xml>
<title>Illinois General Assembly - Bill Status for HB 4823         </title>
<shortdesc>SMALL BUSINESS-INCENTIVE</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Jennifer Gong-Gershowitz, Deb Conroy, Terra Costa Howard and Jonathan "Yoni" Pizer</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2021</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 25/5</reference><aliasreference></aliasreference><reference>35 ILCS 25/10</reference><aliasreference></aliasreference><reference>35 ILCS 25/25</reference><aliasreference></aliasreference><reference>35 ILCS 25/30</reference><aliasreference></aliasreference><reference>35 ILCS 25/35</reference><aliasreference></aliasreference><SynopsisText>     Amends the Small Business Job Creation Tax Credit Act. Creates a second set of incentive periods beginning on July 1, 2020 and ending on June 30, 2026. Provides that the credit shall not exceed $5,000 per employee hired. Provides that the maximum amount of credits allowed is $75,000,000. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/11/2020</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Jennifer Gong-Gershowitz</action>
<statusdate>2/18/2020</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/18/2020</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/25/2020</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/6/2020</statusdate><chamber>House</chamber><action>To Income Tax Subcommittee</action>
<statusdate>5/21/2020</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Deb Conroy</action>
<statusdate>5/21/2020</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Terra Costa Howard</action>
<statusdate>5/21/2020</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Jonathan "Yoni" Pizer</action>
<statusdate>6/23/2020</statusdate><chamber>House</chamber><action>Rule 19(b) / Re-referred to Rules Committee</action>
<statusdate>1/13/2021</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

