HB 5625 - SUPPORT

Short Description:  INC TX-CDL TRAINING EXPENSES

House Sponsors
Rep. Mike Murphy

Synopsis As Introduced
      Amends the Illinois Income Tax Act. Provides that an employer that incurs expenses to train a qualifying individual to obtain a commercial driver's license or to operate a commercial motor vehicle may apply to the Department of Revenue for an income tax credit in an amount equal to 50% of those training expenses. Set forth aggregate credit limits and limits the amount of credits available to any particular employer under those provisions.

Last Action 

Date

Chamber

 Action

  2/18/2020

House

Referred to Rules Committee

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Illinois Fuel & Retail Association

112 W. Cook Street
Springfield, Illinois  62704
Telephone: (217) 544-4609
Fax: (217) 789-0222

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“Neighbors Serving Neighbors.” It’s more than our slogan at IFRA, it’s at the core of every decision we make. IFRA was formed in order to foster a cooperative spirit between petroleum marketers and convenience store operators doing business in Illinois. It’s our guiding principal to eliminate practices and customs that are contrary to a capitalist economy and a competitive business environment in Illinois.

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