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| | 101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
SB1162 Introduced 2/5/2019, by Sen. Ram Villivalam SYNOPSIS AS INTRODUCED:
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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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| | | FISCAL NOTE ACT MAY APPLY | |
| | A BILL FOR |
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| | SB1162 | | LRB101 08034 HLH 53096 b |
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| 1 | | AN ACT concerning revenue.
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| 2 | | Be it enacted by the People of the State of Illinois,
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| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Illinois Income Tax Act is amended by adding |
| 5 | | Section 229 as follows:
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| 6 | | (35 ILCS 5/229 new) |
| 7 | | Sec. 229. Tax credit for voting. For taxable years |
| 8 | | beginning on or after January 1, 2020, each individual taxpayer |
| 9 | | who votes in an election during the taxable year shall be |
| 10 | | allowed a credit against the tax imposed by subsections (a) and |
| 11 | | (b) of Section 201 of this Act in the amount of $25. |
| 12 | | In no event shall a credit under this Section reduce the |
| 13 | | taxpayer's liability to less than zero. If the amount of the |
| 14 | | credit exceeds the tax liability for the year, the excess may |
| 15 | | not be carried forward or back. |
| 16 | | The State Board of Elections shall share information with |
| 17 | | the Department, upon request, for the sole purpose of verifying |
| 18 | | that taxpayers who claim the credit under this Section are |
| 19 | | eligible for the credit. |
| 20 | | As used in this Section, "election" means either the |
| 21 | | general election or consolidated election, as described in the |
| 22 | | Election Code. "Election" does not include the general primary |
| 23 | | election or consolidated primary election. |