Bill Text: IL HB4526 | 2023-2024 | 103rd General Assembly | Introduced

---

Bill Title: Amends the Illinois Income Tax Act. Creates an income tax credit in the amount of $5,000 for a taxpayer who is a qualified community care physician. Effective immediately.

Spectrum: Moderate Partisan Bill (Republican 5-1)

Status: (Introduced) 2024-04-18 - Added Co-Sponsor Rep. Patrick Sheehan [HB4526 Detail]

Download: Illinois-2023-HB4526-Introduced.html

---

103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB4526 Introduced , by Rep. Jackie Haas SYNOPSIS AS INTRODUCED:
35 ILCS 5/241 new
Amends the Illinois Income Tax Act. Creates an income tax credit in the amount of $5,000 for a taxpayer who is a qualified community care physician. Effective immediately.
LRB103 36474 HLH 66577 b
A BILL FOR
HB4526 LRB103 36474 HLH 66577 b
AN ACT concerning revenue.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Illinois Income Tax Act is amended by
adding Section 241 as follows:
(35 ILCS 5/241 new)
Sec. 241. Community care providers credit.
(a) For taxable years beginning on or after January 1,
2025, an individual taxpayer who is a qualified community care
physician shall be allowed a credit against the tax imposed by
subsections (a) and (b) of Section 201 in the amount of $5,000.
(b) The credit or credits may not reduce the taxpayer's
liability to less than zero. If the amount of the tax credit
exceeds the taxpayer's liability for the year, the excess may
not be carried forward or carried back.
(c) As used in this Section:
"Good standing" means that the Illinois State Medical
Board has not taken any adverse disciplinary action against
the person at any time and that the person has had no more than
3 medical malpractice judgments or settlements in the 4 years
immediately preceding the taxable year in which the person is
seeking the credit.
"Qualified community care physician" means a person who is

HB4526 - 2 - LRB103 36474 HLH 66577 b
licensed to practice medicine in all of its branches under the
Medical Practice Act of 1987 and who:
(1) is in good standing;
(2) is certified by the United States Department of
Veterans Affairs as part of the community care network;
and
(3) provides health care services during the taxable
year to at least 5 patients who qualify for the Veterans
Community Care Program at the time the health care
services are rendered.
"Veterans Community Care Program" means the Community Care
Program operated by the United States Department of Veterans
Affairs.
(d) This Section is exempt from the provisions of Section
250.