HB5470 amends various Illinois Acts to revise tax credits, establish new programs, and modify reporting requirements.
HB5470 amends the Illinois Income Tax Act to revise tax credits for investments in qualified new business ventures, apprenticeship education, and qualified historic structures. It establishes the Clean Water Workforce Pipeline Program to train residents in water infrastructure careers. The Broadband Advisory Council Act is amended to enhance broadband access and adoption. The Department of Commerce and Economic Opportunity Law is amended to remove certain reporting requirements from the Department's website.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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