Bill Text: IL HB2645 | 2019-2020 | 101st General Assembly | Introduced

---

Bill Title: Amends the Illinois Income Tax Act. Provides that each taxpayer that makes a donation during the taxable year to a startup of an adult day program for adults with intellectual and developmental disabilities is entitled to an income tax credit in an amount equal to the amount of the donation. Effective immediately.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2019-03-29 - House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee [HB2645 Detail]

Download: Illinois-2019-HB2645-Introduced.html

---

101ST GENERAL ASSEMBLY State of Illinois 2019 and 2020 HB2645 Introduced , by Rep. Stephanie A. Kifowit SYNOPSIS AS INTRODUCED:
35 ILCS 5/229 new
Amends the Illinois Income Tax Act. Provides that each taxpayer that makes a donation during the taxable year to a startup of an adult day program for adults with intellectual and developmental disabilities is entitled to an income tax credit in an amount equal to the amount of the donation. Effective immediately.
LRB101 09352 HLH 54448 b
FISCAL NOTE ACT MAY APPLY
A BILL FOR
HB2645 LRB101 09352 HLH 54448 b
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 229 as follows:
(35 ILCS 5/229 new)
Sec. 229. Credit for donations to adult day programs.
(a) For taxable years beginning on or after January 1,
2020, each taxpayer that makes a donation during the taxable
year to a startup of an adult day program for adults with
intellectual and developmental disabilities is entitled to a
credit against the tax imposed by subsections (a) and (b) of
Section 201 in an amount equal to the amount of the donation.
The Department of Human Services shall adopt rules for the
certification of eligible adult day programs.
(b) For partners, shareholders of Subchapter S
corporations, and owners of limited liability companies, if the
entity is treated as a partnership for purposes of federal and
State income taxation, there shall be allowed a credit under
this Section to be determined in accordance with the
determination of income and distributive share of income under
Sections 702 and 704 and Subchapter S of the Internal Revenue
Code.

HB2645 - 2 - LRB101 09352 HLH 54448 b
(c) In no event shall a credit under this Section reduce a
taxpayer's liability to less than zero. If the amount of credit
exceeds the tax liability for the year, the excess may be
carried forward and applied to the tax liability for 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 liability, the earlier credit shall be
applied first.
(d) This Section is exempt from the provisions of Section
250.
Section 99. Effective date. This Act takes effect upon
becoming law.