INC TX-VOLUNTEERS Senate SponsorsSen. Paul Faraci 1/7/2025SenateSession Sine Die 35 ILCS 5/241 new5 ILCS 100/5-45.55 newAmends the Illinois Income Tax Act. Creates an income tax credit for individuals who (i) serve as a volunteer for 100 hours during the taxable year, (ii) do not receive any compensation for their services as a volunteer for the taxable year, and (iii) do not serve on a full-time or part-time career basis for the entity for which they volunteer. Provides that the Department of Revenue may award not more than $5,000,000 in credits under those provisions in any calendar year. Effective immediately. 1/19/2024SenateFiled with Secretary by Sen. Paul Faraci 1/19/2024SenateFirst Reading 1/19/2024SenateReferred to Assignments 1/31/2024SenateAssigned to Revenue 3/15/2024SenateRule 3-9(a) / Re-referred to Assignments 1/7/2025SenateSession Sine Die