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<xml>
<title>Illinois General Assembly - Bill Status for HB 5802         </title>
<shortdesc>INC TX-MANUFACTURING</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Bill Mitchell</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2017</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/224 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Illinois Income Tax Act. Creates a credit for qualifying taxpayers who own and operate a business in an area with low long-term manufacturing job projections in the amount of $3,500 for each employee hired by the taxpayer on or after January 1, 2017 to work at job location in an area with low long-term manufacturing job projections and retained by the taxpayer at that job location for 2 years. Provides that the credit is exempt from the Act's automatic sunset provisions. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/11/2016</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Bill Mitchell</action>
<statusdate>2/11/2016</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/11/2016</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/23/2016</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/29/2016</statusdate><chamber>House</chamber><action>To Income Tax Subcommittee</action>
<statusdate>4/8/2016</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/10/2017</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

