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<xml>
<title>Illinois General Assembly - Bill Status for HB 227          </title>
<shortdesc>INC TX-INTERNSHIP CREDIT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Thomas M. Bennett-Karina Villa, Jawaharial Williams, Kambium Buckner, Curtis J. Tarver, II, Sam Yingling and Jonathan "Yoni" Pizer</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2021</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/229 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Illinois Income Tax Act. Creates a credit in an amount equal to 10% of the stipend or salary paid by the taxpayer to up to (i) 5 qualified college interns or (ii) 5 qualified high school interns during the taxable year. Provides that no taxpayer may claim more than $5,000 in total credits under that Section for all taxable years combined. Provides that the credit is exempt from the Act's automatic sunset provision. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>1/7/2019</statusdate><chamber>House</chamber><action>Prefiled with Clerk by Rep. Thomas M. Bennett</action>
<statusdate>1/9/2019</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/9/2019</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/29/2019</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>2/7/2019</statusdate><chamber>House</chamber><action>To Income Tax Subcommittee</action>
<statusdate>3/29/2019</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>4/4/2019</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Karina Villa</action>
<statusdate>7/15/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Jawaharial Williams</action>
<statusdate>7/18/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Kambium Buckner</action>
<statusdate>6/2/2020</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Curtis J. Tarver, II</action>
<statusdate>6/2/2020</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Sam Yingling</action>
<statusdate>6/2/2020</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Jonathan "Yoni" Pizer</action>
<statusdate>1/13/2021</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

