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Amends the Illinois Income Tax Act.Illinois · SB 1720 · Last action Jan 13, 2015Amends the Illinois Income Tax Act. Provides that each taxpayer is entitled to a credit in an amount equal to (i) 25% of the qualified first-year wages, not to exceed $6,000, paid to each qualified employee who worked at least 120 hours but less than 400 hours during the taxable year, and (ii) 40% of the qualified first-year wages, not to exceed $6,000…Latest action: Session Sine DieFailed
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