INC TX-SMALL BUSINESS CREDIT House SponsorsRep. John M. Cabello 12/3/2014HouseSession Sine Die 35 ILCS 5/224 new Amends the Illinois Income Tax Act. Provides that each small business is entitled to a credit equal to 50% of its Illinois income tax liability. Provides that "small business" means a business with fewer than 50 employees. Provides that the credit is exempt from the Act's automatic sunset provision. Effective immediately. 1/29/2014HouseFiled with the Clerk by Rep. John M. Cabello 2/3/2014HouseFirst Reading 2/3/2014HouseReferred to Rules Committee 12/3/2014HouseSession Sine Die