Full Text of SB2704 103rd General Assembly
SB2704 103RD GENERAL ASSEMBLY | | | 103RD GENERAL ASSEMBLY
State of Illinois
2023 and 2024 SB2704 Introduced 1/10/2024, by Sen. Cristina Castro SYNOPSIS AS INTRODUCED: | | | Amends the Illinois Income Tax Act. In provisions concerning the volunteer emergency worker credit, provides that "volunteer emergency worker" also includes a person who is a volunteer member of a county or municipal emergency services and disaster agency pursuant to the Illinois Emergency Management Agency Act. Makes conforming changes concerning notifications to the Illinois Emergency Management Agency. Effective immediately. |
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| | A BILL FOR |
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| 1 | | AN ACT concerning revenue. | 2 | | Be it enacted by the People of the State of Illinois, | 3 | | represented in the General Assembly: | 4 | | Section 5. The Illinois Income Tax Act is amended by | 5 | | changing Section 234 as follows: | 6 | | (35 ILCS 5/234) | 7 | | Sec. 234. Volunteer emergency workers. | 8 | | (a) For taxable years beginning on or after January 1, | 9 | | 2023 and beginning prior to January 1, 2028, each individual | 10 | | who (i) serves as a volunteer emergency worker for at least 9 | 11 | | months during the taxable year and (ii) does not receive | 12 | | compensation for his or her services as a volunteer emergency | 13 | | worker of more than $5,000 for the taxable year may apply to | 14 | | the Department for a credit against the taxes imposed by | 15 | | subsections (a) and (b) of Section 201. The amount of the | 16 | | credit shall be $500 per eligible individual. The aggregate | 17 | | amount of all tax credits awarded by the Department under this | 18 | | Section in any calendar year may not exceed $5,000,000. | 19 | | Credits shall be awarded on a first-come first-served basis. | 20 | | (b) A credit under this Section may not reduce a | 21 | | taxpayer's liability to less than zero. | 22 | | (c) By January 24 of each year, the Office of the State | 23 | | Fire Marshal shall provide the Department of Revenue an |
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| 1 | | electronic file with the names of volunteer emergency workers , | 2 | | other than volunteer emergency workers who are volunteer | 3 | | members of a county or municipal emergency services and | 4 | | disaster agency pursuant to the Illinois Emergency Management | 5 | | Agency Act, who (i) volunteered for at least 9 months during | 6 | | the immediately preceding calendar year, (ii) did not receive | 7 | | compensation for their services as a volunteer emergency | 8 | | worker of more than $5,000 during the immediately preceding | 9 | | calendar year, and (iii) are registered with the Office of the | 10 | | State Fire Marshal as of January 12 of the current year as | 11 | | meeting the requirements of items (i) and (ii) for the | 12 | | immediately preceding calendar year. The chief of the fire | 13 | | department, fire protection district, or fire protection | 14 | | association shall be responsible for notifying the State Fire | 15 | | Marshal of the volunteer emergency workers who met the | 16 | | requirements of items (i) and (ii) during the immediately | 17 | | preceding calendar year by January 12 of the current year. | 18 | | Notification shall be required in the format required by the | 19 | | State Fire Marshal. The chief of the fire department, fire | 20 | | protection district, or fire protection association shall be | 21 | | responsible for the verification and accuracy of their | 22 | | submission to the State Fire Marshal under this subsection. | 23 | | By January 24, 2025, and by January 24 of each year | 24 | | thereafter, the Illinois Emergency Management Agency shall | 25 | | provide the Department of Revenue an electronic file with the | 26 | | names of volunteer emergency workers who (A) volunteered with |
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| 1 | | a county or municipal emergency services and disaster agency | 2 | | pursuant to the Illinois Emergency Management Agency Act for | 3 | | at least 9 months during the immediately preceding calendar | 4 | | year, (B) did not receive compensation for their services as a | 5 | | volunteer emergency worker of more than $5,000 during the | 6 | | immediately preceding calendar year, and (C) are registered | 7 | | with the Illinois Emergency Management Agency as of January 12 | 8 | | of the current year as meeting the requirements of items (A) | 9 | | and (B) for the immediately preceding calendar year. The | 10 | | coordinator of the emergency services and disaster agency | 11 | | shall be responsible for notifying the Illinois Emergency | 12 | | Management Agency of the volunteer emergency workers who met | 13 | | the requirements of items (A) and (B) during the immediately | 14 | | preceding calendar year by January 12 of the current year. | 15 | | Notification shall be in the format required by the Illinois | 16 | | Emergency Management Agency. The coordinator of the emergency | 17 | | services and disaster agency shall be responsible for the | 18 | | verification and accuracy of their submission to the Illinois | 19 | | Emergency Management Agency under this subsection. | 20 | | (d) As used in this Section, "volunteer emergency worker" | 21 | | means a person who serves as a member, other than on a | 22 | | full-time career basis, of a fire department, fire protection | 23 | | district, or fire protection association that has a Fire | 24 | | Department Identification Number issued by the Office of the | 25 | | State Fire Marshal and who does not serve as a member on a | 26 | | full-time career basis for another fire department, fire |
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| 1 | | protection district, fire protection association, or | 2 | | governmental entity. For taxable years beginning on or after | 3 | | January 1, 2024, "volunteer emergency worker" also means a | 4 | | person who is a volunteer member of a county or municipal | 5 | | emergency services and disaster agency pursuant to the | 6 | | Illinois Emergency Management Agency Act. | 7 | | (e) The Department shall adopt rules to implement and | 8 | | administer this Section, including rules concerning | 9 | | applications for the tax credit. | 10 | | (Source: P.A. 103-9, eff. 6-7-23.) | 11 | | Section 99. Effective date. This Act takes effect upon | 12 | | becoming law. |
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