HB3068Introduced in the House
SMALL BUSINESS-INCENTIVES
Introduced by Curtis Tarver, District 25
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
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.
Where it stands
Rule 19(a) / Re-referred to Rules Committee
April 11, 2025
How did lawmakers vote?
HouseStage: House Tax Credit and Incentives Committee · March 20, 2025
4
Yes
0
No
2
Absent or Not Voting
6 representatives recorded in this House vote. Colors show vote categories only, not whether a vote was good or bad.
What do people think?
Citizen Voice
How would you vote on this bill?
An unofficial public opinion poll. It does not affect the bill or the official vote.
One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.
See how each representative voted
| Representative | District | Vote |
|---|---|---|
| Elizabeth Hernandez | 2 | Not Voting |
| Eva Dina Delgado | 3 | Yes |
| Curtis Tarver | 25 | Yes |
| Martin McLaughlin | 52 | Not Voting |
| Rita Mayfield | 60 | Yes |
| Joe Sosnowski | 69 | Yes |
Bill history
Filed with the Clerk by Rep. Curtis J. Tarver, II
First Reading
Referred to Rules Committee
Assigned to Revenue & Finance Committee
To Tax Credit and Incentives Subcommittee
House Committee Amendment No. 1 Filed with Clerk by Rep. Curtis J. Tarver, II
House Committee Amendment No. 1 Referred to Rules Committee
House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
Recommends Do Pass Subcommittee/ Revenue & Finance Committee; 004-000-000
Reported Back To Revenue & Finance Committee;
House Committee Amendment No. 1 Adopted in Revenue & Finance Committee; by Voice Vote
Do Pass as Amended / Short Debate Revenue & Finance Committee; 013-007-000
Placed on Calendar 2nd Reading - Short Debate
Second Reading - Short Debate
Held on Calendar Order of Second Reading - Short Debate
Rule 19(a) / Re-referred to Rules Committee
Verify the information
Our commitment to neutrality
We provide factual information only. We never tell you which politicians or bills to support, and we do not rank, score, or endorse anyone.