summary
Introduced
02/06/2026
02/06/2026
In Committee
02/06/2026
02/06/2026
Crossed Over
Passed
Dead
Introduced Session
104th General Assembly
Bill Summary
Amends the Illinois Income Tax Act. Creates an income tax deduction in an amount equal to 25% of the amount of the federal tax credit received for a donation of apparently wholesome food. Effective immediately.
AI Summary
This bill amends the Illinois Income Tax Act to create a new income tax deduction for individuals and corporations, allowing them to deduct 25% of the amount of a federal tax credit they received for donating apparently wholesome food, which is food that appears to be safe and suitable for human consumption. This provision aims to incentivize charitable food donations by providing a state-level tax benefit that complements the federal tax credit. The bill takes effect immediately upon becoming law.
Sponsors (1)
Last Action
Referred to Assignments (on 02/06/2026)
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