Statement from Governor Quinn on General Assembly Passage of Hiring Veterans Tax Credit

SPRINGFIELD - May 29, 2012. Governor Pat Quinn today released a statement regarding the passage of SB 3241, which provides up to a $5,000 tax credit to employers of post-9/11 Veterans.

"I salute the members of the General Assembly for passing the Hiring Veterans Tax Credit, an important initiative I proposed during my State of the State address to increase jobs for Veterans in Illinois.

"The men and women who have defended our democracy overseas should not have to fight for jobs when they return home. The Hiring Veterans Tax Credit will empower businesses to hire our Veterans returning from Iraq and Afghanistan.

"Veterans are loyal, hard-working and know how to accomplish a mission, and this legislation will help alleviate unemployment among our returning servicemembers. This credit is also a boost for small businesses in Illinois.

"Sponsors Sen. John Sullivan, Rep. Jerry Costello and all the co-sponsors, thank you for your leadership in passing the Hiring Veterans Tax Credit.

"It is fitting that the day after Memorial Day, a day designated to honor our Veterans and those who have paid the ultimate sacrifice, Illinois took this solid step to help them find employment when they come home."