INC TX-TRAINING EXPENSE CREDIT House SponsorsRep. Dwight Kay 12/3/2014HouseSession Sine Die 35 ILCS 5/201from Ch. 120, par. 2-201 Amends the Illinois Income Tax Act. Reinstates the training expense credit for tax years ending on or after December 31, 2014 and on or before December 30, 2024. 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, 2014 may be carried forward. Effective immediately. 2/14/2014HouseFiled with the Clerk by Rep. Dwight Kay 2/14/2014HouseFirst Reading 2/14/2014HouseReferred to Rules Committee 12/3/2014HouseSession Sine Die