SB3050

Illinois SB3050 amends the Illinois Income Tax Act to allow employers a tax credit for offering paid leave for organ donation.

Illinois SB3050 amends the Illinois Income Tax Act to provide a tax credit for employers who offer paid leave for organ donation. Private employers can claim a credit for withholding taxes from employees on organ donation leave, up to $1,000 per employee. To qualify, employers must provide documentation from the employee's medical provider verifying the organ donation and proof that a qualifying organ donor leave policy was in place. The credit can be carried forward if it exceeds the tax liability for the period. The bill also extends the tax credit to public employers.