Bill > HB3368

This bill, known as the American Hostage Tax Liability Postponement Act, provides tax relief for U.S. nationals who are unlawfully detained or held hostage abroad. Specifically, it allows individuals determined to be wrongfully detained or taken hostage (as verified by the Hostage Recovery Fusion Cell or under 22 U.S.C. 1741) to have their tax liabilities automatically postponed during their period of detention. The bill ensures that these individuals will not accrue any interest or penalties on their tax obligations, and their tax liability will remain suspended until 90 days after they are released. The postponement applies to all tax liabilities owed to the State of Illinois or local governments, including income and property taxes, and extends to the spouse of the detained individual. Local government authorities and the Department of Revenue are authorized to adopt rules and ordinances to implement the act, and the legislation is designed to be interpreted broadly to provide maximum relief to affected individuals. The bill also includes a provision that if any part of the act is found invalid, the remaining provisions can still be enforced.

Budget and Finance

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3368&GAID=18&DocTypeID=HB&SessionID=114&GA=104