Illinois SB0214 amends the Illinois Income Tax Act to remove the cap on tax credits for volunteer emergency workers.
Illinois SB0214 amends the Illinois Income Tax Act to remove the cap on tax credits for volunteer emergency workers. The bill allows eligible individuals who volunteer for emergency services and disaster agencies to claim a tax credit of $500 per eligible individual. The credit is available for taxable years beginning on or after January 1, 2023, and before January 1, 2028. The bill also requires the Illinois Emergency Management Agency and Office of Homeland Security to provide the Department of Revenue with a list of eligible volunteer emergency workers by January 24 each year.
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