SMALL BUSINESS TAX CREDIT House SponsorsRep. Curtis J. Tarver, II 1/7/2025HouseSession Sine Die 35 ILCS 25/1035 ILCS 25/2535 ILCS 25/35 Amends the Small Business Job Creation Tax Credit Act. Renews the program for incentive periods beginning on or after July 1, 2018 and ending on or before June 30, 2025. Removes language concerning the Put Illinois to Work Program for the second series of incentive periods. Provides that the term "full-time employee" means an individual who is employed for a basic wage for at least 35 hours each week (currently, employed for a basic wage for at least 35 hours each week or renders any other standard of service generally accepted by industry custom or practice as full-time employment). Provides that a net increase in the number of full-time Illinois employees shall be treated as continuous if a different new employee is hired as a replacement within 8 weeks after the position becomes vacant (currently, a reasonable time). Effective immediately. 1/17/2024HouseFiled with the Clerk by Rep. Curtis J. Tarver, II 1/17/2024HouseFirst Reading 1/17/2024HouseReferred to Rules Committee 1/7/2025HouseSession Sine Die