IL HB1819

Renews the Small Business Job Creation Tax Credit program for a second series of incentive periods from July 1, 2018 through June 30, 2025, following the original program that ran from July 1, 2010 to June 30, 2016

Provides a tax credit of up to $2,500 per new employee hired by small businesses with 50 or fewer full-time employees that create a net increase in Illinois employment maintained for at least 12 months

Redefines "full-time employee" to require specifically 35 hours per week of work for a basic wage, removing the previous alternative standard allowing "industry custom or practice" definitions of full-time status

Establishes an 8-week deadline for hiring a replacement employee when a position becomes vacant, replacing the previous "reasonable time" standard for maintaining continuous employment counts

Removes provisions related to the Put Illinois to Work Program (a 2010 federal stimulus worker-trainee program) for the second series of incentive periods, limiting those provisions to the original 2010-2016 period only