INC TX-ENGINEERING STUDENTS
- Introduced Feb 14, 2023
- In committee Feb 15, 2023
- Died
- Passed the Senate
- To the governor
- Became law
What it does
The legislature's own summary of the bill, or its official long title.
Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who employ qualified employees. Provides that the term "qualified employee" means an individual who (i) is employed by the taxpayer as an engineer and (ii) graduated from an engineering program at an accredited institution of higher learning with a Bachelor's degree or higher within the 5 years immediately preceding the taxable year.…
Read the full title (139 words)
Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who employ qualified employees. Provides that the term "qualified employee" means an individual who (i) is employed by the taxpayer as an engineer and (ii) graduated from an engineering program at an accredited institution of higher learning with a Bachelor's degree or higher within the 5 years immediately preceding the taxable year. Provides that the credit shall be equal to (i) 10% of the compensation paid by the taxpayer during the taxable year to qualified employees who graduated from an engineering program at an accredited institution of higher learning in Illinois or (ii) 5% of the compensation paid by the taxpayer during the taxable year to qualified employees who graduated from an engineering program an accredited institution of higher learning not located in Illinois. Effective immediately.
Every action
8 steps, oldest first, as the legislature records them.
- HouseFiled with the Clerk by Rep. Martin J. Moylan
- HouseFirst Reading
- CommitteeReferred to Rules Committee · House Rules
- HouseAdded Chief Co-Sponsor Rep. Nabeela Syed
- CommitteeAssigned to Revenue & Finance Committee · House Revenue & Finance
- CommitteeTo Revenue-Income Tax Subcommittee · House Income Tax Subcommittee
- CommitteeRule 19(a) / Re-referred to Rules Committee · House Rules
- HouseSession Sine Die
Roll calls
No recorded votes on this bill yet.
Sponsors
The member who introduced it, joined by 1 cosponsor: 1 Democrat.
-
Martin J. MoylanD Primary sponsor · District 55
All 1 cosponsor
From Illinois's official records (www.ilga.gov), checked Nov 2, 2026. Text links go to the official versions; LegiList does not copy bill text.