How SB 81 changes current law

AI-generated reading aid from the bill's amendatory text — verify against the official bill.

The bill revises provisions related to the employer's return and payment of tax withheld under the Illinois Income Tax Act.

• 35 ILCS 5/704A

  Beginning with calendar year 2011, payments made under this paragraph (1) of subsection (c) must be made by electronic funds transfer.

  This provision removes the requirement for electronic funds transfer for payments starting in 2011.

• 35 ILCS 5/704A

  Each employer that does not employ more than 50 employees at any time during the applicable payment period may claim a credit against payments due under this Section for each qualified employee, in an amount equal to the maximum credit multiplied by the number of hours the employee worked during the reporting period. → An employer may not claim a credit for an employee who has worked less than 90 consecutive days immediately preceding the reporting period; however, such credits may accrue during that 90-day period and be claimed against payments under this Section for future reporting periods after the employee has worked for the employer at least 90 consecutive days.

  This provision establishes a requirement that employees must work at least 90 consecutive days to qualify for credits.

• 35 ILCS 5/704A

  Notwithstanding any other provision of this subsection, an employer shall not be eligible for credits for a reporting period unless the average wage paid by the employer per employee for all employees making less than $55,000 during the reporting period is greater than the average wage paid by the employer per employee for all employees making less than $55,000 during the same reporting period of the prior calendar year.

  This change reinforces the criteria for employers to qualify for credits based on average wages.