CHICAGO (AP) — Gov. Pat Quinn has signed legislation providing a $2,500 tax credit to employers hiring trainees from the Put Illinois to Work temporary jobs program.
The measure signed Monday takes effect immediately. Quinn says the new law gives employers an incentive to continue providing jobs to those who need them.
Employers who hire a former trainee from Put Illinois to Work are now eligible for the Illinois Small Business Job Creation Tax Credit. The $2,500 credit is still available to small businesses.
The new law requires the employees receive no less than $10 an hour, with a minimum $18,200 annually. The bill was sponsored by Coal City Democrat Rep. Careen Gordon and Evanston Democrat Sen. Jeffrey Schoenberg.
Copyright 2011 The Associated Press.
The measure signed Monday takes effect immediately. Quinn says the new law gives employers an incentive to continue providing jobs to those who need them.
Employers who hire a former trainee from Put Illinois to Work are now eligible for the Illinois Small Business Job Creation Tax Credit. The $2,500 credit is still available to small businesses.
The new law requires the employees receive no less than $10 an hour, with a minimum $18,200 annually. The bill was sponsored by Coal City Democrat Rep. Careen Gordon and Evanston Democrat Sen. Jeffrey Schoenberg.
Copyright 2011 The Associated Press.
