Illinois · House Bill 3068 · 104th General Assembly

SMALL BUSINESS-INCENTIVES

HB 3068 Sponsored by Curtis J. Tarver, II In committee

  1. Introduced Feb 6, 2025
  2. In committee Feb 6, 2025
  3. Passed the House Next
  4. Passed the Senate  
  5. To the governor  
  6. Became law  

What it does

The legislature's own summary of the bill, or its official long title.

Amends the Small Business Job Creation Tax Credit Act. Amends the Small Business Job Creation Tax Credit Act. Creates a second set of incentive periods beginning on July 1, 2025 and ending on June 30, 2031. Provides that the basic wage for the second set of incentive periods is $20 per hour. Provides that the credit may not exceed $2,500 per new employee hired, except that, if the new employee is a returning…

Read the full title (173 words)

Amends the Small Business Job Creation Tax Credit Act. Amends the Small Business Job Creation Tax Credit Act. Creates a second set of incentive periods beginning on July 1, 2025 and ending on June 30, 2031. Provides that the basic wage for the second set of incentive periods is $20 per hour. Provides that the credit may not exceed $2,500 per new employee hired, except that, if the new employee is a returning citizen, then the credit for that employee may not exceed $3,500. Provides that the term "returning citizen" means an individual who (i) is a resident of Illinois, (ii) was formerly incarcerated in a federal, State, or local correctional institution, and (iii) is a new employee. Provides that the aggregate amount of credits that may be awarded under the Act is (i) $20,000,000 for new employees other than returning citizens and (ii) $5,000,000 for returning citizens. Adds provisions concerning recapture of the credit if the employee is terminated by the taxpayer within one year after the credit is awarded. Effective immediately.

Every action

16 steps, oldest first, as the legislature records them.

Show the 8 earlier steps
  1. HouseFiled with the Clerk by Rep. Curtis J. Tarver, II
  2. HouseFirst Reading
  3. CommitteeReferred to Rules Committee · House Rules
  4. CommitteeAssigned to Revenue & Finance Committee · House Revenue & Finance
  5. CommitteeTo Tax Credit and Incentives Subcommittee · House Tax Credit and Incentives
  6. HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Curtis J. Tarver, II
  7. CommitteeHouse Committee Amendment No. 1 Referred to Rules Committee · House Rules
  8. CommitteeHouse Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee · House Revenue & Finance
  1. CommitteeRecommends Do Pass Subcommittee/ Revenue & Finance Committee; 004-000-000 · House Revenue & Finance
  2. CommitteeReported Back To Revenue & Finance Committee; · House Revenue & Finance
  3. CommitteeHouse Committee Amendment No. 1 Adopted in Revenue & Finance Committee; by Voice Vote · House Revenue & Finance
  4. CommitteeDo Pass as Amended / Short Debate Revenue & Finance Committee; 013-007-000 · House Revenue & Finance
  5. HousePlaced on Calendar 2nd Reading - Short Debate
  6. HouseSecond Reading - Short Debate
  7. HouseHeld on Calendar Order of Second Reading - Short Debate
  8. CommitteeRule 19(a) / Re-referred to Rules Committee · House Rules

Roll calls

2 recorded votes: 0 on the floor, 2 in committee. Each shows how every member voted.

Committee votes

DateWhereQuestionResult
Mar 20, 2025 House Tax Credit and Incentives Tax Credit and Incentives - Do Pass
Members

Yes · 4

Not voting · 2

 Passed 4–0
Mar 20, 2025 House Revenue & Finance Revenue & Finance - Do Pass As Amended
Members

Yes · 13

No · 7

 Passed 13–7

Sponsors

The member who introduced it.

From Illinois's official records (www.ilga.gov), checked Nov 13, 2026. Text links go to the official versions; LegiList does not copy bill text.