MIN WAGE-INCOME TAX CREDIT Senate SponsorsSen. Kimberly A. Lightford-Jacqueline Y. Collins-Toi W. Hutchinson-Iris Y. Martinez-Mattie Hunter, Scott M. Bennett, Michael Noland, Emil Jones, III and Don Harmon House Sponsors(Rep. Arthur Turner-Mike Smiddy-Litesa E. Wallace-Will Guzzardi and Monique D. Davis) 1/10/2017SenateSession Sine Die 35 ILCS 5/704A820 ILCS 105/4from Ch. 48, par. 1004Amends the Minimum Wage Law. Increases the minimum wage from $8.25 to $9.00 beginning July 1, 2015 and increases it by $0.50 each July 1 until July 1, 2019, at which point the minimum wage will be $11.00. Provides that the establishment of a minimum wage that employers must pay their employees is an exclusive power and function of the State and is a denial and limitation of the home rule powers and functions, except that the limitation on home rule powers does not apply to a specified ordinance adopted by the City Council of City of Chicago. Amends the Illinois Income Tax Act. Creates a credit against the withholding tax liability of employers with fewer than 50 employees, calculated based on the increase in the minimum wage. Effective immediately. 1/15/2015SenatePrefiled with Secretary by Sen. Kimberly A. Lightford 1/15/2015SenateFirst Reading 1/15/2015SenateReferred to Assignments 1/15/2015SenateAdded as Chief Co-Sponsor Sen. Jacqueline Y. Collins 1/15/2015SenateAdded as Chief Co-Sponsor Sen. Toi W. Hutchinson 1/28/2015SenateAssigned to Executive 2/2/2015SenateAdded as Chief Co-Sponsor Sen. Iris Y. Martinez 2/4/2015SenateAdded as Chief Co-Sponsor Sen. Mattie Hunter 2/4/2015SenateDo Pass Executive; 011-005-000 2/4/2015SenatePlaced on Calendar Order of 2nd Reading 2/4/2015SenateSecond Reading 2/4/2015SenatePlaced on Calendar Order of 3rd Reading February 5, 2015 2/5/2015SenateAdded as Co-Sponsor Sen. Scott M. Bennett 2/5/2015SenateAdded as Co-Sponsor Sen. Michael Noland 2/5/2015SenateAdded as Co-Sponsor Sen. Emil Jones, III 2/5/2015SenateThird Reading - Passed; 035-018-001 2/5/2015HouseArrived in House 2/5/2015HouseChief House Sponsor Rep. Arthur Turner 2/6/2015HouseAdded Alternate Chief Co-Sponsor Rep. Mike Smiddy 2/9/2015HouseFirst Reading 2/9/2015HouseReferred to Rules Committee 2/17/2015HouseAdded Alternate Chief Co-Sponsor Rep. Litesa E. Wallace 3/3/2015HouseAdded Alternate Co-Sponsor Rep. Monique D. Davis 4/14/2015HouseAdded Alternate Chief Co-Sponsor Rep. Will Guzzardi 4/27/2015SenateAdded as Co-Sponsor Sen. Don Harmon 1/10/2017SenateSession Sine Die