<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 5804   </title>
<shortdesc>INC TX-UNEMPLOYMENT CREDIT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Kay Hatcher-Sidney H. Mathias</sponsors>
</sponsor>
<lastaction>
<statusdate>1/8/2013</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/223 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Illinois Income Tax Act. Provides that each taxpayer is allowed a credit against the tax imposed under the Act in an amount equal to a percentage of wages paid to an employee who was drawing unemployment compensation at the time of hire and who has been employed by the taxpayer as a full-time employee for a period of 12 consecutive months at any point during the taxable year.</SynopsisText></synopsis>
<actions>
<statusdate>2/16/2012</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Kay Hatcher</action>
<statusdate>2/16/2012</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/16/2012</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/21/2012</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Sidney H. Mathias</action>
<statusdate>1/8/2013</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

