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<xml>
<title>Illinois General Assembly - Bill Status for HB 3568   </title>
<shortdesc>INC TX-TRAINING EXPENSE CREDIT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. David Harris-Sidney H. Mathias-Sandra M. Pihos-Chris Nybo-Jil Tracy and Dwight Kay</sponsors>
</sponsor>
<lastaction>
<statusdate>1/8/2013</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/201</reference><aliasreference>from Ch. 120, par. 2-201</aliasreference><SynopsisText>     Amends the Illinois Income Tax Act. Reinstates the training expense credit for tax years ending on or after December 31, 2011 and on or before December 30, 2021. Increases the amount of the credit from 1.6% of training expenses to 2% of training expenses. Provides that the training expense credit earned on or after December 31, 2011 may be carried forward. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/24/2011</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. David Harris</action>
<statusdate>2/24/2011</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. Sidney H. Mathias</action>
<statusdate>2/24/2011</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. Sandra M. Pihos</action>
<statusdate>2/24/2011</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. Chris Nybo</action>
<statusdate>2/24/2011</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. Jil Tracy</action>
<statusdate>2/24/2011</statusdate><chamber>House</chamber><action>Co-Sponsor Rep. Dwight Kay</action>
<statusdate>2/24/2011</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/24/2011</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/3/2011</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/17/2011</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/8/2013</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

