SB2855 - 104th General Assembly (2025-2026)

ILLINOIS GIVES-SECA
Last Action
2/03/2026 - Senate: Assigned to Revenue
Senate Sponsors
Sen. Paul Faraci
Statutes Amended In Order of Appearance
5 ILCS 340/3  from Ch. 15, par. 503
35 ILCS 60/170-10  
35 ILCS 5/246 new  
5 ILCS 100/5-45.70 new  
Synopsis As Introduced
Amends the Voluntary Payroll Deductions Act of 1983. Provides that a qualified community foundation that has been approved by the Department of Revenue to issue certificates of receipt under the Illinois Gives Tax Credit Act shall automatically be considered a qualified organization under the Voluntary Payroll Deductions Act of 1983. Amends the Illinois Income Tax Act. Creates an income tax credit for individuals who (i) serve as a volunteer for 100 hours during the taxable year, (ii) do not receive any compensation for their services as a volunteer for the taxable year, and (iii) do not serve on a full-time or part-time career basis for the entity for which they volunteer. Provides that the Department of Revenue may award not more than $5,000,000 in credits under those provisions in any calendar year. Effective immediately.
Actions
DateChamberAction
1/16/2026SenateFiled with Secretary by Sen. Paul Faraci
1/16/2026SenateFirst Reading
1/16/2026SenateReferred to Assignments
2/03/2026SenateAssigned to Revenue