GA96HB390 96 HB 390 INC TAX CREDIT INTERNS Amends the Illinois Income Tax Act. Authorizes a credit to taxpayers for 10% of stipends or salaries paid to qualified college interns. Limits the credit to stipends and salaries paid to 5 interns each year, and limits total credits to $3,000 for all years combined. Defines a "qualified college intern". Provides that the credit may not reduce the taxpayer's liability to less than zero and may not be carried forward or back. Exempt from the Act's sunset provisions. Effective immediately. http://www.ilga.gov/legislation/BillStatus.asp?DocNum=390&GAID=10&DocTypeID=HB&LegId=40679&SessionID=76&GA=96 2009-02-03 00:00:00 House Referred to Rules Committee 0 2 HRUL 2009-02-09 00:00:00 House Assigned to Revenue & Finance Committee 0 3 HREF 2009-02-20 00:00:00 House Added Co-Sponsor Rep. Frank J. Mautino 0 4 2009-03-13 00:00:00 House Rule 19(a) / Re-referred to Rules Committee 1 5 HRUL 2009-02-02 00:00:00 House Filed with the Clerk by Rep. David Reis 0 0 2009-02-03 00:00:00 House First Reading 1 1 DavidReis House Chief Sponsor