HB0646 96TH GENERAL ASSEMBLY

LRB096 04082 RCE 14121 b

96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
HB0646

Introduced 2/6/2009, by Rep. Mark H. Beaubien, Jr.

SYNOPSIS AS INTRODUCED:

35 ILCS 5/218 new

Amends the Illinois Income Tax Act. Provides that each taxpayer who serves on a jury during the taxable year is entitled to a credit in an amount equal to $50 per day for each day of actual jury service for which the taxpayer does not receive compensation from an employer. Provides that the credit may be carried forward. Exempts the credit from the Act's sunset provisions. Effective immediately.

FISCAL NOTE ACT MAY APPLY

A BILL FOR

AN ACT concerning revenue.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Illinois Income Tax Act is amended by adding Section 218 as follows:

(35 ILCS 5/218 new)

Sec. 218. Credit for jury service.

(a) For each taxable year beginning on or after January 1, 2009, each taxpayer who serves on a jury during the taxable year is entitled to a credit against the tax imposed by subsections (a) and (b) of Section 201 of this Act in an amount equal to $50 per day for each day of actual jury service for which the taxpayer does not receive compensation from an employer.

(b) In no event shall a credit under this Section reduce the taxpayer's liability to less than zero. If the amount of the credit exceeds the tax liability for the year, the excess may be carried forward and applied to the tax liability of the 5 taxable years following the excess credit year. The tax credit shall be applied to the earliest year for which there is a tax liability. If there are credits for more than one year that are available to offset a liability, the earlier credit shall be applied first.

(c) This Section is exempt from the provisions of Section 250.

Section 99. Effective date. This Act takes effect upon becoming law.