Date	Chamber	Action
3/2/2004	House	Tabled By Sponsor Rep. Calvin L. Giles

Statutes Amended In Order of Appearance

35 ILCS 5/220 new

Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that for each taxable year beginning on or after January 1, 2005, a taxpayer employer is allowed an income tax credit in the amount of $1,200 or 5% of the salary paid to the employee during the taxable year, whichever is less, for each eligible ex-felon employed by the taxpayer as of the last day of the taxable year. Sets forth the standards for an employee to be an "eligible ex-felon". Provides that unused amounts of the credit may be carried forward for a period of 5 years. Exempts the credit from the sunset requirements of the Act. Requires the Department of Revenue and the Department of Corrections to adopt rules concerning the credit.

Actions 

Date	Chamber	Action
2/3/2004	House	Filed with the Clerk by Rep. Calvin L. Giles
2/3/2004	House	First Reading
2/3/2004	House	Referred to Rules Committee
2/19/2004	House	Added Chief Co-Sponsor Rep. Paul D. Froehlich
2/24/2004	House	Assigned to Revenue Committee
3/2/2004	House	Tabled By Sponsor Rep. Calvin L. Giles

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