INC TX-HUBZONE-SMALL BUSINESS Senate SponsorsSen. Steve Stadelman 1/9/2019SenateSession Sine Die 35 ILCS 5/227 newAmends the Illinois Income Tax Act. Provides that each taxpayer who is employed by a business that would qualify as a federal HUBZone small business concern but for the fact that fewer than 35% of its employees reside within a federal HUBZone is eligible for an income tax credit in the amount of $500 if the employee first moves into a federal HUBZone during the taxable year. Effective immediately. 2/6/2018SenateFiled with Secretary by Sen. Steve Stadelman 2/6/2018SenateFirst Reading 2/6/2018SenateReferred to Assignments 2/7/2018SenateAssigned to Revenue 4/13/2018SenateRule 2-10 Committee Deadline Established As April 27, 2018 4/27/2018SenateRule 3-9(a) / Re-referred to Assignments 1/9/2019SenateSession Sine Die