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Bill to Create Thousands of Illinois Jobs

Posted on March 25, 2010

The Illinois House unanimously approved a $50 million election-year job creation program, a measure that is expected to create thousands of Illinois jobs.

The measure would give small business owners a $2,500 tax credit for each full-time position created in the next year.

Both Gov. Pat Quinn and his Republican opponent, state Sen. Bill Brady support the plan, which is aimed at creating 20,000 jobs.

Brady, however, a Bloomington businessman, had sought a more expansive program that the one approved by the House.

Rather than being limited to businesses with 50 or fewer employees, Brady said large businesses need incentives to hire workers too.

The measure, which was approved with no debate, now heads to the full Senate for further consideration.

Another bill being addressed in the house has to do with a job seeker’s credit.

House Bill 4658, sponsored by Rep. Jack Franks, D-Woodstock, bans an employer from inquiring about a current or prospective employee’s credit score as a basis for hiring or discharge.

Banks and other financial firms would be exempt, as would state law enforcement and investigatory units.

“We should be doing everything we can to help get people back to work,” Mr. Franks said. “Last year, our federal government bailed out some of the country’s biggest employers with taxpayer dollars. It is absurd that those companies feel it is acceptable to discriminate against an applicant who has filed for bankruptcy.”

The measure passed 89-29 and now goes to the Senate.

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