IL HB5469

Creates the Manufacturing Job Destination Tax Credit Act allowing manufacturers to claim a 25% tax credit on qualifying Illinois labor expenditures, job training expenses, and apprenticeship costs.

Requires manufacturers to obtain "accredited manufacturer" certification from the Department of Revenue by meeting conditions including primary engagement in manufacturing, employment of Illinois workers, provision of health insurance, pension or 401(k) plans, paid time-off benefits, and research and development spending in Illinois.

Limits tax credits to the first $25,000 in wages per employee, excludes the two highest-paid employees, and requires wages be paid for services rendered in Illinois on or after January 1, 2018.

Establishes apprenticeship eligibility for Illinois residents ages 16-30 enrolled full-time in US Department of Labor-registered programs, covering tuition, books, and lab fees at secondary schools or community colleges.

Tax credit is non-refundable but can be sold or transferred to other manufacturers; Department must annually evaluate program effectiveness in job creation, worker skills improvement, and revenue impact; effective January 1, 2019.