97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
HB1361

 

Introduced 2/9/2011, by Rep. Donald L. Moffitt

 

SYNOPSIS AS INTRODUCED:
 
35 ILCS 5/221 new

    Amends the Illinois Income Tax Act. Provides that each taxpayer who serves as a firefighter during the taxable year is entitled to a credit of $1,000 against his or her income tax liability if the taxpayer completes a firefighter basic training course approved by the Office of the State Fire Marshal during the taxable year. Provides that the credit may be carried forward. Provides that the credit is exempt from the Act's automatic sunset provision.


LRB097 05233 HLH 45283 b

FISCAL NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB1361LRB097 05233 HLH 45283 b

1    AN ACT concerning revenue.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Illinois Income Tax Act is amended by adding
5Section 221 as follows:
 
6    (35 ILCS 5/221 new)
7    Sec. 221. Credit for firefighter basic training.
8    (a) For each taxable year beginning on or after January 1,
92011, each taxpayer who serves as a firefighter during the
10taxable year is entitled to a credit of $1,000 against the tax
11imposed by subsections (a) and (b) of Section 201 of this Act
12if the taxpayer completes a firefighter basic training course
13approved by the Office of the State Fire Marshal during the
14taxable year.
15    (b) In no event shall a credit under this Section reduce
16the taxpayer's liability to less than zero. If the amount of
17the credit exceeds the tax liability for the year, the excess
18may be carried forward and applied to the tax liability of the
195 taxable years following the excess credit year. The tax
20credit shall be applied to the earliest year for which there is
21a tax liability. If there are credits for more than one year
22that are available to offset a liability, the earlier credit
23shall be applied first.

 

 

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1    (c) This Section is exempt from the provisions of Section
2250.