101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
Introduced 2/5/2019, by Sen. Ram Villivalam
SYNOPSIS AS INTRODUCED:
Amends the Illinois Income Tax Act. Creates a credit in the amount of
$25 for individual taxpayers who vote in an election during the taxable
year. Effective immediately.
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A BILL FOR
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AN ACT concerning revenue.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
The Illinois Income Tax Act is amended by adding
Section 229 as follows:
(35 ILCS 5/229 new)
Tax credit for voting.
For taxable years
beginning on or after January 1, 2020, each individual taxpayer
who votes in an election during the taxable year shall be
allowed a credit against the tax imposed by subsections (a) and
(b) of Section 201 of this Act in the amount of $25.
In no event shall a credit under this Section reduce the
taxpayer's liability to less than zero. If the amount of the
credit exceeds the tax liability for the year, the excess may
not be carried forward or back.
The State Board of Elections shall share information with
the Department, upon request, for the sole purpose of verifying
that taxpayers who claim the credit under this Section are
eligible for the credit.
As used in this Section, "election" means either the
general election or consolidated election, as described in the
Election Code. "Election" does not include the general primary
election or consolidated primary election.