SB2856 - 104th General Assembly (2025-2026)

INC TX-VOLUNTEERS
Last Action

2/03/2026 - Senate: Assigned to Revenue
Senate Sponsors

Sen. Paul Faraci
Statutes Amended In Order of Appearance

Synopsis As Introduced

Amends 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 these provisions in any calendar year. Effective immediately.
Actions

DateChamberAction
1/16/2026SenateFiled with Secretary by Sen. Paul Faraci
1/16/2026SenateFirst Reading
1/16/2026SenateReferred to Assignments
2/03/2026SenateAssigned to Revenue
3/13/2026SenateRule 2-10 Committee Deadline Established As April 24, 2026