Date	Chamber	Action
12/3/2014	House	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 5/201

from Ch. 120, par. 2-201

Synopsis As Introduced
Amends the Illinois Income Tax Act. Reinstates the training expense credit for tax years ending on or after December 31, 2013 and on or before December 30, 2023. 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, 2013 may be carried forward. Effective immediately.

Actions 

Date	Chamber	Action
1/30/2013	House	Filed with the Clerk by Rep. Lou Lang
1/30/2013	House	First Reading
1/30/2013	House	Referred to Rules Committee
5/29/2013	House	Added Chief Co-Sponsor Rep. Derrick Smith
12/3/2014	House	Session Sine Die

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