Illinois HB0027 amends the Illinois Income Tax Act to provide a tax credit for volunteer emergency workers.
HB0027 amends the Illinois Income Tax Act to offer a tax credit for volunteer emergency workers. Specifically, eligible individuals who serve as volunteer emergency workers for at least nine months during the taxable year and do not receive more than $5,000 in compensation for their services can apply for a $500 credit against their taxes. The credit is available for taxable years beginning on or after January 1, 2023, and before January 1, 2028.
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