Legislation

Title: Income Tax Credit - Eligible Employers - Eligible Internships
Sponsored by: Senators King, DeGrange, Guzzone, Madaleno, Raskin, and Serafini
Status: In the Senate - Hearing 3/09 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Allowing specified eligible employers a credit against the State income tax, for employing specified interns, which may not exceed $1,000 for each eligible intern, or 10% of the wages paid to each eligible intern, subject to specified limitations; requiring an eligible employer to enter into a specified agreement with an eligible higher education institution; requiring a specified eligible employer to submit a specified application at a specified time; etc.

Committees

Original:: Budget and Taxation

Details

Bill File Type: Regular

Effective Date(s): July 1, 2016

History

Legislation History
Chamber Senate Calendar Date 2/04/2016 Legislative Date 2/05/2016 Action First Reading Budget and Taxation Proceedings
Chamber Senate Calendar Date 2/10/2016 Legislative Date 2/10/2016 Action Hearing 3/09 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/04/2016	2/05/2016	First Reading Budget and Taxation
Senate	2/10/2016	2/10/2016	Hearing 3/09 at 1:00 p.m.

Documents

Date Posted	Document Name
2/05/2016	Text - First - Income Tax Credit - Eligible Employers - Eligible Internships

File Code

Subjects

Statutes