Bill Text: IL SB0344 | 2023-2024 | 103rd General Assembly | Introduced
Bill Title: Amends the Illinois Income Tax Act. Creates an income tax credit in an amount equal to $500 for individuals who serve as volunteer emergency workers for at least 9 months during the taxable year and do not receive compensation of more than $10,000 during the taxable year for that service. Defines "volunteer emergency worker". Effective immediately.
Spectrum: Slight Partisan Bill (Democrat 3-1)
Status: (Introduced) 2023-03-08 - Added as Chief Co-Sponsor Sen. Doris Turner [SB0344 Detail]
Download: Illinois-2023-SB0344-Introduced.html
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1 | AN ACT concerning revenue.
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2 | Be it enacted by the People of the State of Illinois,
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3 | represented in the General Assembly:
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4 | Section 5. The Illinois Income Tax Act is amended by | |||||||||||||||||||
5 | adding Section 234 as follows:
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6 | (35 ILCS 5/234 new) | |||||||||||||||||||
7 | Sec. 234. Volunteer firefighters and volunteer EMS | |||||||||||||||||||
8 | providers. | |||||||||||||||||||
9 | (a) For taxable years beginning on or after January 1, | |||||||||||||||||||
10 | 2024, each individual who serves as a volunteer emergency | |||||||||||||||||||
11 | worker, as defined in this Section, for at least 9 months | |||||||||||||||||||
12 | during the taxable year and does not receive compensation for | |||||||||||||||||||
13 | his or her services as a volunteer emergency worker of more | |||||||||||||||||||
14 | than $10,000 for the taxable year is entitled to a credit | |||||||||||||||||||
15 | against the taxes imposed by subsections (a) and (b) of | |||||||||||||||||||
16 | Section 201 in an amount equal to $500. | |||||||||||||||||||
17 | (b) In no event shall a credit under this Section reduce a | |||||||||||||||||||
18 | taxpayer's liability to less than zero. If the amount of the | |||||||||||||||||||
19 | credit exceeds the tax liability for the year, the excess may | |||||||||||||||||||
20 | be carried forward and applied to the tax liability for the 5
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21 | taxable years following the excess credit year. The tax credit | |||||||||||||||||||
22 | shall be applied to the earliest year for which there is a tax | |||||||||||||||||||
23 | liability. If there are credits for more than one year that are |
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1 | available to offset liability, the earlier credit shall be | ||||||
2 | applied first. | ||||||
3 | (c) As used in this Section, "volunteer emergency worker" | ||||||
4 | means a person who serves as a member of a fire department of a | ||||||
5 | fire protection district, municipality, or other unit of | ||||||
6 | government on other than a full-time career basis. "Volunteer | ||||||
7 | emergency worker" includes a person who serves on a volunteer | ||||||
8 | basis on behalf of a fire department or fire protection | ||||||
9 | district and is licensed under the Emergency Medical Services | ||||||
10 | (EMS) Systems Act as an Emergency Medical Responder (EMR) | ||||||
11 | (First Responder), Emergency Medical Technician (EMT), | ||||||
12 | Emergency Medical Technician-Intermediate (EMT-I), Advanced | ||||||
13 | Emergency Medical Responder (A-EMT), or Paramedic (EMT-P), or | ||||||
14 | a volunteer ambulance driver or attendant, as long as the | ||||||
15 | person does not work in one of those capacities on a full-time | ||||||
16 | career basis for another fire department, fire protection | ||||||
17 | district, or governmental entity. | ||||||
18 | (d) This Section is exempt from the provisions of Section
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19 | 250.
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20 | Section 99. Effective date. This Act takes effect upon | ||||||
21 | becoming law.
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