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SB2856 - 104th General Assembly
INC TX-VOLUNTEERS
Last Action
Statutes Amended In Order of Appearance
35 ILCS 5/246 new
5 ILCS 100/5-45.71 new
Synopsis As Introduced
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 these provisions in any calendar year. Effective immediately.
Actions
| Date | Chamber | Action |
|---|---|---|
| 1/16/2026 | Senate | Filed with Secretary by Sen. Paul Faraci |
| 1/16/2026 | Senate | First Reading |
| 1/16/2026 | Senate | Referred to Assignments |
| 2/03/2026 | Senate | Assigned to Revenue |
| 3/13/2026 | Senate | Rule 2-10 Committee Deadline Established As April 24, 2026 |