INC TX-THRIVE TAX CREDIT Senate SponsorsSen. Pamela J. Althoff-Melinda Bush-Neil Anderson-James F. Clayborne, Jr., Dave Syverson, Jason A. Barickman, Chuck Weaver-Toi W. Hutchinson, Tim Bivins, Linda Holmes and Chapin Rose 1/10/2017SenateSession Sine Die New Act35 ILCS 5/224 newCreates the Transforming, Helping, and Reviving Illinois' Versatile Economy (THRIVE) Job Creation Tax Credit Act. Provides that the Department of Commerce and Economic Opportunity shall award the credit if the taxpayer meets certain criteria. Contains job creation and capital investment requirements. Provides that the credit may not exceed 50% of the incremental income tax attributable to the applicant's project. Amends the Illinois Income Tax Act to make conforming changes. Effective immediately. 1/9/2017SenateFiled with Secretary by Sen. Pamela J. Althoff 1/9/2017SenateFirst Reading 1/9/2017SenateReferred to Assignments 1/9/2017SenateAdded as Chief Co-Sponsor Sen. Melinda Bush 1/9/2017SenateAdded as Chief Co-Sponsor Sen. Neil Anderson 1/9/2017SenateAdded as Chief Co-Sponsor Sen. James F. Clayborne, Jr. 1/9/2017SenateAdded as Co-Sponsor Sen. Dave Syverson 1/9/2017SenateAdded as Co-Sponsor Sen. Jason A. Barickman 1/9/2017SenateAdded as Co-Sponsor Sen. Chuck Weaver 1/9/2017SenateAdded as Chief Co-Sponsor Sen. Toi W. Hutchinson 1/9/2017SenateAdded as Co-Sponsor Sen. Tim Bivins 1/9/2017SenateAdded as Co-Sponsor Sen. Linda Holmes 1/9/2017SenateAdded as Co-Sponsor Sen. Chapin Rose 1/10/2017SenateSession Sine Die