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<xml>
<title>Illinois General Assembly - Bill Status for SB 3992         </title>
<shortdesc>INC TX-EMPLOYMENT</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Ram Villivalam-Iris Y. Martinez, David Koehler, Paul Schimpf-Mattie Hunter-Jacqueline Y. Collins and Bill Cunningham</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2021</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/232 new</reference><aliasreference></aliasreference><SynopsisText>Amends the Illinois Income Tax Act. Creates an income tax credit for employers who hire residents of the State to work in the fields of technology, health care, or manufacturing if those residents were unemployed as a result of the COVID-19 pandemic. Sets forth the amount of the credit. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>5/20/2020</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Ram Villivalam</action>
<statusdate>5/20/2020</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>5/20/2020</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>5/21/2020</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Iris Y. Martinez</action>
<statusdate>5/22/2020</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. David Koehler</action>
<statusdate>5/22/2020</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Paul Schimpf</action>
<statusdate>5/24/2020</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Mattie Hunter</action>
<statusdate>5/24/2020</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Jacqueline Y. Collins</action>
<statusdate>5/29/2020</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Bill Cunningham</action>
<statusdate>1/13/2021</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

