Comments: IL SB1232 | 2019-2020 | 101st General Assembly

Bill Title: Amends the Small Business Job Creation Tax Credit Act. Provides that the Act applies for a second set of incentive periods beginning on July 1, 2019 and ending on June 30, 2026. Provides that certain provisions concerning employees who had participated as worker-trainees in the Put Illinois to Work Program during 2010 do not apply to the second set of incentive periods. Provides that the term "basic wage" means not less than $15 per hour (currently, $10). Effective immediately.

Spectrum: Moderate Partisan Bill (Democrat 16-2)

Status: (Failed) 2021-01-13 - Session Sine Die [SB1232 Detail]

Text: Latest bill text (Introduced) [HTML]

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