<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 1720         </title>
<shortdesc>INC TX-TANF SNAP CREDIT</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Kyle McCarter</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2015</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/224 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Illinois Income Tax Act. Provides that each taxpayer is entitled to a credit in an amount equal to (i) 25% of the qualified first-year wages, not to exceed $6,000, paid to each qualified employee who worked at least 120 hours but less than 400 hours during the taxable year, and (ii) 40% of the qualified first-year wages, not to exceed $6,000, paid to each qualified employee who worked at least 400 hours during the taxable year. Provides that the term "qualified employee" means a person who (i) received benefits under either the Temporary Aid to Needy Families Program under Article IV of the Public Aid Code or the federal Supplemental Nutrition Assistance Program (SNAP) for any 9 months during the 18-month period ending on the date the employee was hired by the taxpayer, and (ii) was employed by the taxpayer for a period of exactly 12 consecutive months at any point during the taxable year. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/15/2013</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Kyle McCarter</action>
<statusdate>2/15/2013</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/15/2013</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/27/2013</statusdate><chamber>Senate</chamber><action>Assigned to Human Services</action>
<statusdate>3/5/2013</statusdate><chamber>Senate</chamber><action>To Subcommittee on Special Issues (HS)</action>
<statusdate>3/19/2013</statusdate><chamber>Senate</chamber><action>Postponed - Human Services</action>
<statusdate>3/22/2013</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As April 19, 2013</action>
<statusdate>4/19/2013</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>1/13/2015</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

