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<xml>
<title>Illinois General Assembly - Bill Status for HB 3398         </title>
<shortdesc>INC TX-TRAINING EXPENSE CREDIT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Wayne Rosenthal-Dwight Kay-Patricia R. Bellock</sponsors>
</sponsor>
<lastaction>
<statusdate>12/3/2014</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/201</reference><aliasreference>from Ch. 120, par. 2-201</aliasreference><SynopsisText>     Amends the Illinois Income Tax Act. Reinstates the training expense credit for tax years ending on or after December 31, 2013 and on or before December 30, 2023. Increases the amount of the credit from 1.6% of training expenses to 2% of training expenses. Provides that the training expense credit earned on or after December 31, 2013 may be carried forward. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/26/2013</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Wayne Rosenthal</action>
<statusdate>2/26/2013</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/26/2013</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/11/2013</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Dwight Kay</action>
<statusdate>3/11/2013</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Patricia R. Bellock</action>
<statusdate>3/11/2013</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/22/2013</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>12/3/2014</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

