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 |