IllinoisHB1803104th General Assembly (2025–2026)House

INC TX-ENGINEERING STUDENTS

Sponsored By: Justin Cochran (Democratic)

In Committee

Summary

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.

revenue & finance

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Justin Cochran

    Democratic • House

Cosponsors

  • Brad Stephens

    Republican • House

  • Brandun Schweizer

    Republican • House

  • Jeff Keicher

    Republican • House

  • Jennifer Sanalitro

    Republican • House

  • Kevin Schmidt

    Republican • House

  • Kyle Moore

    Republican • House

  • Michael J. Kelly

    Democratic • House

  • Ryan Spain

    Republican • House

Roll Call Votes

No roll call votes available for this bill.

Bill Text

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