INC TX-CUSTOM FARMING House SponsorsRep. Avery Bourne 1/10/2017HouseSession Sine Die 35 ILCS 5/224 new Amends the Illinois Income Tax Act. Creates a credit for each person who hires a beginning farmer to do agricultural contract work for the production of crops or livestock in Illinois during the taxable year pursuant to a custom farming contract. Provides that the amount of the credit shall be 7% of the amount actually paid to the beginning farmer under the contract during the taxable year, except that, if the beginning farmer is a veteran, then, during the first taxable year of the contract, the amount of the credit shall be increased to 8% of the amount actually paid to that beginning farmer. Provides that the credit is exempt from the Act's automatic sunset provision. Effective immediately. 2/27/2015HouseFiled with the Clerk by Rep. Avery Bourne 2/27/2015HouseFirst Reading 2/27/2015HouseReferred to Rules Committee 3/12/2015HouseAssigned to Revenue & Finance Committee 3/13/2015HouseTo Income Tax Subcommittee 3/27/2015HouseRule 19(a) / Re-referred to Rules Committee 1/10/2017HouseSession Sine Die