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<xml>
<title>Illinois General Assembly - Bill Status for HB 2037         </title>
<shortdesc>INCOME TAX-VETERANS</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. John M. Cabello-Darren Bailey and Katie Stuart</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2021</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/217</reference><aliasreference></aliasreference><reference>35 ILCS 5/217.1</reference><aliasreference></aliasreference><SynopsisText>     Amends the Illinois Income Tax Act. Makes changes to a credit awarded for wages paid to qualified veterans. Provides that the credit shall be: (1) $5,000 (instead of 20% of the gross wages, but not to exceed $5,000) for certain veterans who were unemployed at the time of hire; and (2) $1,200 (instead of 10% of the gross wages, but not to exceed $1,200) for other qualified veterans. Changes the definition of "qualified veteran" to include all Illinois residents who are members of the National Guard, reserve, or regular component of the Armed Forces of the United States. Allows the credit to be prorated. Provides that the credit is exempt from the Act's automatic sunset provision. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/1/2019</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. John M. Cabello</action>
<statusdate>2/4/2019</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/4/2019</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/19/2019</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>2/21/2019</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Darren Bailey</action>
<statusdate>2/28/2019</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>12/2/2019</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Katie Stuart</action>
<statusdate>1/13/2021</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

