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Full Text of SB3567
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SB3567 - 104th General Assembly
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104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026
SB3567
Introduced 2/5/2026, by Sen. Omar Aquino
SYNOPSIS AS INTRODUCED:
35 ILCS 5/244
Amends the Illinois Income Tax Act. Makes changes to the amount of the
child tax credit based on the taxpayer's adjusted gross income. Effective
immediately.
LRB104 19583 HLH 33031 b
A BILL FOR
SB3567
LRB104 19583 HLH 33031 b
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
changing Section 244 as follows:
6
(35 ILCS 5/244)
7
Sec. 244.
Child tax credit.
8
(a) For the taxable years beginning on or after January 1,
9
2024, each individual taxpayer who has at least one qualifying
10
child who is younger than 12 years of age as of the last day of
11
the taxable year is entitled to a credit against the tax
12
imposed by subsections (a) and (b) of Section 201. For tax
13
years beginning on or after January 1, 2024 and before January
14
1, 2025, the credit shall be equal to 20% of the credit allowed
15
to the taxpayer under Section 212 of this Act for that taxable
16
year. For tax years beginning on or after January 1, 2025, the
17
credit shall be calculated as follows:
amount of the credit
18
shall be equal to 40% of the credit allowed to the taxpayer
19
under Section 212 of this Act for that taxable year.
20
(1) For taxpayers whose adjusted gross income is at or
21
below the income threshold to qualify for the maximum
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federal earned income tax credit under Section 32 of the
23
Internal Revenue Code, the credit shall equal 40% of the
SB3567
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LRB104 19583 HLH 33031 b
1
maximum value of the credit allowed under Section 212 of
2
this Act based on the number of qualifying dependents as
3
defined by Section 152 of the Internal Revenue Code.
4
(2) For taxpayers whose adjusted gross income exceeds
5
the federal income threshold to qualify for the maximum
6
federal earned income tax credit but qualify for at least
7
$1 of the credit available under Section 212 of this Act,
8
the credit shall equal 40% of the credit allowed under
9
Section 212 of this Act based on the number of qualifying
10
dependents as defined by Internal Revenue Code Section 152
11
of the Internal Revenue Code.
12
(3) For taxpayers who are eligible for the maximum
13
allowable credit under Section 212 of this Act, the credit
14
shall equal 40% of the credit allowed under Section 212 of
15
this Act.
16
(b) If the amount of the credit exceeds the income tax
17
liability for the applicable tax year, then the excess credit
18
shall be refunded to the taxpayer. The amount of the refund
19
under this Section shall not be included in the taxpayer's
20
income or resources for the purposes of determining
21
eligibility or benefit level in any means-tested benefit
22
program administered by a governmental entity unless required
23
by federal law.
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(c) The Department may adopt rules to carry out the
25
provisions of this Section.
26
(d) As used in this Section, "qualifying child" has the
SB3567
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LRB104 19583 HLH 33031 b
1
meaning given to that term in Section 152 of the Internal
2
Revenue Code.
3
(e) This Section is exempt from the provisions of Section
4
250.
5
(Source: P.A. 103-592, eff. 6-7-24; 104-417, eff. 8-15-25.)
6
Section 99.
Effective date.
This Act takes effect upon
7
becoming law.
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