State of Illinois
2021 and 2022


Introduced 1/29/2021, by Sen. Don Harmon


35 ILCS 5/212

    Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the earned income tax credit.

LRB102 12847 HLH 18190 b





SB0008LRB102 12847 HLH 18190 b

1    AN ACT concerning revenue.
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
4    Section 5. The Illinois Income Tax Act is amended by
5changing Section 212 as follows:
6    (35 ILCS 5/212)
7    Sec. 212. Earned income tax credit.
8    (a) With respect to the the federal earned income tax
9credit allowed for the taxable year under Section 32 of the
10federal Internal Revenue Code, 26 U.S.C. 32, each individual
11taxpayer is entitled to a credit against the tax imposed by
12subsections (a) and (b) of Section 201 in an amount equal to
13(i) 5% of the federal tax credit for each taxable year
14beginning on or after January 1, 2000 and ending prior to
15December 31, 2012, (ii) 7.5% of the federal tax credit for each
16taxable year beginning on or after January 1, 2012 and ending
17prior to December 31, 2013, (iii) 10% of the federal tax credit
18for each taxable year beginning on or after January 1, 2013 and
19beginning prior to January 1, 2017, (iv) 14% of the federal tax
20credit for each taxable year beginning on or after January 1,
212017 and beginning prior to January 1, 2018, and (v) 18% of the
22federal tax credit for each taxable year beginning on or after
23January 1, 2018.



SB0008- 2 -LRB102 12847 HLH 18190 b

1    For a non-resident or part-year resident, the amount of
2the credit under this Section shall be in proportion to the
3amount of income attributable to this State.
4    (b) For taxable years beginning before January 1, 2003, in
5no event shall a credit under this Section reduce the
6taxpayer's liability to less than zero. For each taxable year
7beginning on or after January 1, 2003, if the amount of the
8credit exceeds the income tax liability for the applicable tax
9year, then the excess credit shall be refunded to the
10taxpayer. The amount of a refund shall not be included in the
11taxpayer's income or resources for the purposes of determining
12eligibility or benefit level in any means-tested benefit
13program administered by a governmental entity unless required
14by federal law.
15    (c) This Section is exempt from the provisions of Section
17(Source: P.A. 100-22, eff. 7-6-17.)