Paul Faraci
- Democratic
- Senator
- District 52
Primary
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 those provisions in any calendar year. Effective immediately.
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Rule 3-9(a) / Re-referred to Assignments
Assigned to Revenue
Filed with Secretary by Sen. Paul Faraci
First Reading
Referred to Assignments
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| Introduced | HTML PDF |
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