Bill Text: IL HB4428 | 2021-2022 | 102nd General Assembly | Introduced
Bill Title: Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who are employed as law enforcement officers in an amount equal to 100% of the unreimbursed expenses paid by the taxpayer during the taxable year for: (1) professional certifications required for the performance of the taxpayer's duties as a law enforcement officer; (2) equipment used by the taxpayer in the performance of his or her duties as a law enforcement officer; and (3) mental health training. Effective immediately.
Spectrum: Partisan Bill (Democrat 4-0)
Status: (Introduced - Dead) 2022-04-06 - Added Co-Sponsor Rep. Sam Yingling [HB4428 Detail]
Download: Illinois-2021-HB4428-Introduced.html
| ||||||||||||||||||||
| ||||||||||||||||||||
| ||||||||||||||||||||
| ||||||||||||||||||||
| ||||||||||||||||||||
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 | adding Section 232 as follows:
| |||||||||||||||||||
6 | (35 ILCS 5/232 new) | |||||||||||||||||||
7 | Sec. 232. Law enforcement credit. | |||||||||||||||||||
8 | (a) For taxable years ending on or after December 31, | |||||||||||||||||||
9 | 2022, each taxpayer who is employed as a law enforcement | |||||||||||||||||||
10 | officer during the taxable year is entitled to a credit | |||||||||||||||||||
11 | against the taxes imposed by subsections (a) and (b) of | |||||||||||||||||||
12 | Section 201 in an amount equal to 100% of the unreimbursed | |||||||||||||||||||
13 | expenses paid by the taxpayer during the taxable year for: (1) | |||||||||||||||||||
14 | professional certifications required for the performance of | |||||||||||||||||||
15 | the taxpayer's duties as a law enforcement officer; (2) | |||||||||||||||||||
16 | equipment used by the taxpayer in the performance of his or her | |||||||||||||||||||
17 | duties as a law enforcement officer, including, but not | |||||||||||||||||||
18 | limited to, helmets, bulletproof vests, and other body armor; | |||||||||||||||||||
19 | and (3) mental health training. | |||||||||||||||||||
20 | (b) In no event shall a credit under this Section reduce | |||||||||||||||||||
21 | the taxpayer's liability to less than zero. If the amount of | |||||||||||||||||||
22 | the credit exceeds the tax liability for the year, the excess | |||||||||||||||||||
23 | may be carried forward and applied to the tax liability of the |
| |||||||
| |||||||
1 | 5 taxable years following the excess credit year. The tax | ||||||
2 | credit shall be applied to the earliest year for which there is | ||||||
3 | a tax liability. If there are credits for more than one year | ||||||
4 | that are available to offset a liability, the earlier credit | ||||||
5 | shall be applied first. | ||||||
6 | (c) As used in this Section, "law enforcement officer" | ||||||
7 | means any person employed by a county, municipality, or | ||||||
8 | township as a policeman, peace officer, or in some like | ||||||
9 | position involving the enforcement of the law and protection | ||||||
10 | of the public interest at the risk of that person's life. | ||||||
11 | (d) This Section is exempt from the provisions of Section | ||||||
12 | 250.
| ||||||
13 | Section 99. Effective date. This Act takes effect upon | ||||||
14 | becoming law.
|