reglab/housing_qa huggingface dataset:
35 ILCS 5/212
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 2 - Tax Imposed

Sec. 212. Earned income tax credit.(a) With respect to the federal earned income tax credit allowed for the  taxable year under Section 32 of the federal Internal Revenue Code, 26 U.S.C.  32, each individual taxpayer is entitled to a credit against the tax imposed by  subsections (a) and (b) of Section 201 in an amount equal to  (i) 5% of the federal tax credit for each taxable year beginning on or after  January 1,  2000 and ending prior to December 31, 2012,  (ii) 7.5% of the federal tax credit for each taxable year beginning on or after January 1, 2012 and ending prior to December 31, 2013, (iii) 10% of the federal tax credit for each taxable year beginning on or after January 1, 2013 and beginning prior to January 1, 2017, (iv)  14% of the federal tax credit for each taxable year beginning on or after January 1, 2017 and beginning prior to January 1, 2018, and (v) 18% of the federal tax credit for each taxable year beginning on or after January 1, 2018.For a non-resident or part-year resident, the amount of the credit under this  Section shall be in proportion to the amount of income attributable to this  State.(b) For taxable years beginning before January 1, 2003, in no event  shall a credit under this Section reduce the taxpayer's  liability to less than zero.  For each taxable year beginning on or after  January 1, 2003, if the amount of the credit exceeds the income tax liability  for the applicable tax year, then the excess credit shall be refunded to the  taxpayer.  The amount of a refund shall not be included in the taxpayer's  income or resources for the purposes of determining eligibility or benefit  level in any means-tested benefit program administered by a governmental entity  unless required by federal law.(c) This Section is exempt from the provisions of Section 250.    (Source: P.A. 100-22, eff. 7-6-17.)
35 ILCS 5/213
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 2 - Tax Imposed

Sec. 213. Film production services credit. For tax years beginning on or  after January 1, 2004, a taxpayer who has been awarded a tax credit under the  Film Production Services Tax Credit Act or under the Film Production Services Tax Credit Act of 2008 is entitled to a credit against the  taxes imposed under subsections (a) and (b) of Section 201 of this Act in an  amount determined by the Department of Commerce and Economic Opportunity under those Acts. If the taxpayer is a partnership or  Subchapter S corporation, the credit is allowed to the partners or shareholders  in accordance with the determination of income and distributive share of income  under Sections 702 and 704 and Subchapter S of the Internal Revenue Code.A transfer of this credit may be made by the taxpayer earning the credit within one year after the credit is awarded in accordance with rules adopted by the Department of Commerce and Economic Opportunity.The  Department, in cooperation with the Department of Commerce and Economic Opportunity, must prescribe rules to enforce and administer the provisions of this  Section. This Section is exempt from the provisions of Section 250 of this  Act.The credit may not be carried back.  If the amount of the credit exceeds the tax liability for the year, the  excess may be carried forward and applied to the tax liability of the 5 taxable  years following the excess credit year. The credit  shall be applied to the earliest year for which there is a tax liability. If  there are credits from more than one tax year that are available to offset a  liability, the earlier credit shall be applied first.  In no event shall a credit  under this Section reduce the taxpayer's  liability to less than  zero.  (Source: P.A. 94-171, eff. 7-11-05; 95-720, eff. 5-27-08.)
35 ILCS 5/214
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 2 - Tax Imposed

Sec. 214. Tax credit for affordable housing donations.(a) Beginning with taxable years ending on or after December 31, 2001 and  until the taxable year ending on December 31, 2026, a taxpayer who makes a  donation under Section 7.28 of the Illinois Housing Development Act is entitled to a credit  against the tax imposed by subsections (a) and (b) of Section 201 in an amount  equal  to 50% of the value of the donation. Partners, shareholders of subchapter S  corporations, and owners of limited liability companies (if the limited  liability company is treated as a partnership for purposes of federal and State  income  taxation) are entitled to a credit under this Section to be determined in  accordance with the determination of income and distributive share of income  under Sections 702 and 703 and subchapter S of the Internal Revenue Code.  Persons or entities not subject to the tax imposed by subsections (a) and (b)  of Section 201 and who make a donation under Section 7.28 of the Illinois  Housing Development Act are entitled to a credit as described in this  subsection and may transfer that credit as described in subsection (c).(b) If the amount of the credit exceeds the tax liability for the year, the  excess may be carried forward and applied to the tax liability of the 5 taxable  years following the excess credit year.  The tax credit shall be applied to the  earliest year for which there is a tax liability.  If there are credits for  more than one year that are available to offset a liability, the earlier credit  shall be applied first.(c) The transfer of the tax credit allowed under this Section may be made  (i) to the purchaser of land that has been designated solely for affordable  housing projects in accordance with the Illinois Housing Development Act or  (ii) to another donor who has also made a donation in accordance with Section 7.28 of the  Illinois Housing  Development Act.(d) A taxpayer claiming the credit provided by this Section must maintain  and record any information that the Department may require by regulation  regarding the project for which the credit is claimed.  When  claiming the credit provided by this Section, the taxpayer must provide  information regarding the taxpayer's donation to the project under the Illinois Housing Development Act.  (Source: P.A. 102-16, eff. 6-17-21; 102-175, eff. 7-29-21.)
35 ILCS 5/215
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 2 - Tax Imposed

Sec. 215. (Repealed).        (Source: P.A. 93-23, eff. 6-20-03. Repealed by P.A. 93-1033, eff. 9-3-04.)
35 ILCS 5/216
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 2 - Tax Imposed

Sec. 216. Credit for wages paid to ex-felons.(a) For each taxable year beginning on or after January 1, 2007, each taxpayer is entitled to a credit against the tax imposed by subsections (a) and (b) of Section 201 of this Act in an amount equal to 5% of qualified wages paid by the taxpayer during the taxable year to one or more Illinois residents who are qualified ex-offenders.  The total credit allowed to a taxpayer with respect to each qualified ex-offender may not exceed $1,500 for all taxable years. For partners, shareholders of Subchapter S corporations, and owners of limited liability companies, if the liability company is treated as a partnership for purposes of federal and State income taxation, there shall be allowed a credit under this Section to be determined in accordance with the determination of income and distributive share of income under Sections 702 and 704 and Subchapter S of the Internal Revenue Code.(b) For purposes of this Section, "qualified wages":(1) includes only wages that are subject to federal     unemployment tax under Section 3306 of the Internal Revenue Code, without regard to any dollar limitation contained in that Section;(2) does not include any amounts paid or incurred by     an employer for any period to any qualified ex-offender for whom the employer receives federally funded payments for on-the-job training of that qualified ex-offender for that period;  and(3) includes only wages attributable to service     rendered during the one-year period beginning with the day the qualified ex-offender begins work for the employer.If the taxpayer has received any payment from a program established under Section 482(e)(1) of the federal Social Security Act with respect to a qualified ex-offender, then, for purposes of calculating the credit under this Section, the amount of the qualified wages paid to that qualified ex-offender must be reduced   by the amount of the payment.(c) For purposes of this Section, "qualified ex-offender" means any person who:(1) has been convicted of a crime in this State or of     an offense in any other jurisdiction, not including any offense or attempted offense that would subject a person to registration under the Sex Offender Registration Act;(2) was sentenced to a period of incarceration in an     Illinois adult correctional center; and(3) was hired by the taxpayer within 3 years after     being released from an Illinois adult correctional center.(d) In no event shall a credit under this Section reduce the taxpayer's liability to less than zero. If the amount of the credit exceeds the tax liability for the year, the excess may be carried forward and applied to the tax liability of the 5 taxable years following the excess credit year. The tax credit shall be applied to the earliest year for which there is a tax liability. If there are credits for more than one year that are available to offset a liability, the earlier credit shall be applied first.(e)  This Section is exempt from the provisions of Section 250. (Source: P.A. 98-165, eff. 8-5-13.)
35 ILCS 5/217
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 2 - Tax Imposed

Sec. 217. Credit for wages paid to qualified veterans.(a) For each taxable year beginning on or after January 1, 2007 and ending on or before December 30, 2010, each taxpayer is entitled to a credit against the tax imposed by subsections (a) and (b) of Section 201 of this Act in an amount equal to 5%, but in no event to exceed $600, of the gross wages paid by the taxpayer to a qualified veteran in the course of that veteran's sustained employment during the taxable year. For each taxable year beginning on or after January 1, 2010, each taxpayer is entitled to a credit against the tax imposed by subsections (a) and (b) of Section 201 of this Act in an amount equal to 10%, but in no event to exceed $1,200, of the gross wages paid by the taxpayer to a qualified veteran in the course of that veteran's sustained employment during the taxable year. For partners, shareholders of Subchapter S corporations, and owners of limited liability companies, if the liability company is treated as a partnership for purposes of federal and State income taxation, there shall be allowed a credit under this Section to be determined in accordance with the determination of income and distributive share of income under Sections 702 and 704 and Subchapter S of the Internal Revenue Code.(b) For purposes of this Section:"Qualified veteran" means an Illinois resident who: (i) was a member of the Armed Forces of the United States, a member of the Illinois National Guard, or a member of any reserve component of the Armed Forces of the United States; (ii) served on active duty in connection with Operation Desert Storm, Operation Enduring Freedom, or Operation Iraqi Freedom; (iii) has provided, to the taxpayer, documentation showing that he or she was honorably discharged; and (iv) was initially hired by the taxpayer on or after January 1, 2007."Sustained employment" means a period of employment that is not less than 185 days during the taxable year.(c) In no event shall a credit under this Section reduce the taxpayer's liability to less than zero. If the amount of the credit exceeds the tax liability for the year, the excess may be carried forward and applied to the tax liability of the 5 taxable years following the excess credit year. The tax credit shall be applied to the earliest year for which there is a tax liability. If there are credits for more than one year that are available to offset a liability, the earlier credit shall be applied first.(d)  A taxpayer who claims a credit under this Section for a taxable year with respect to a veteran shall not be allowed a credit under Section 217.1 of this Act with respect to the same veteran for that taxable year. (Source: P.A. 96-101, eff. 1-1-10; 97-767, eff. 7-9-12.)
35 ILCS 5/218
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 2 - Tax Imposed

Sec. 218. Credit for student-assistance contributions.(a) For taxable years ending on or after December 31, 2009 and on or before December 31, 2024, each taxpayer who, during the taxable year, makes a contribution (i) to a specified individual College Savings Pool Account under Section 16.5 of the State Treasurer Act or (ii) to the Illinois Prepaid Tuition Trust Fund in an amount matching  a contribution made in the same taxable year by an employee of the taxpayer to that Account or Fund is entitled to a credit against the tax imposed under subsections (a) and (b) of Section 201 in an amount equal to 25% of that matching  contribution, but not to exceed $500  per  contributing employee per taxable year.(b) For partners, shareholders of Subchapter S corporations, and owners of limited liability companies, if the liability company is treated as a partnership for purposes of federal and State income taxation, there is allowed a credit under this Section to be determined in accordance with the determination of income and distributive share of income under Sections 702 and 704 and Subchapter S of the Internal Revenue Code.(c) The credit may not be carried back.   If the amount of the credit exceeds the tax liability for the year, the excess may be carried forward and applied to the tax liability of the 5 taxable years following the excess credit year. The tax credit shall be applied to the earliest year for which there is a tax liability. If there are credits for more than one year that are available to offset a liability, the earlier credit shall be applied first.(d) A taxpayer claiming the credit under this Section must maintain and record any information that the Illinois Student Assistance Commission, the Office of the State Treasurer, or the Department may require regarding the matching contribution for which the credit is claimed.    (Source: P.A. 101-645, eff. 6-26-20; 102-289, eff. 8-6-21.)
35 ILCS 5/219
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 2 - Tax Imposed

Sec. 219. Historic preservation credit. For tax years  beginning on or after January 1, 2010 and ending on or before December 31, 2015, a taxpayer who qualifies  for a credit under the Historic Preservation Tax Credit Pilot Program Act is  entitled to a credit against the taxes imposed under  subsections (a) and (b) of Section 201 of this Act as provided  in that Act. If the taxpayer is a partnership or Subchapter S  corporation, the credit shall be allowed to the partners or  shareholders in accordance with the determination of income and  distributive share of income under Sections 702 and 704 and  Subchapter S of the Internal Revenue Code.If the amount of any tax credit awarded under this Section exceeds the qualified taxpayer's income tax liability for the year in which the qualified rehabilitation plan was placed in service, the excess amount may be carried forward or back as provided in the Historic Preservation Tax Credit Pilot Program  Act.   (Source: P.A. 96-933, eff. 6-21-10.)
35 ILCS 5/222
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 2 - Tax Imposed

Sec. 222. Live theater production credit.(a)  For tax years beginning on or after January 1, 2012 and beginning prior to January 1, 2027, a taxpayer who has received a tax credit award under the Live Theater Production Tax Credit Act is entitled to a credit against the taxes imposed under subsections (a) and (b) of Section 201 of this Act in an amount determined under that Act by the Department of Commerce and Economic Opportunity.(b)  If the taxpayer is a partnership, limited liability partnership, limited liability company, or Subchapter S corporation, the tax credit award is allowed to the partners, unit holders,  or shareholders in accordance with the determination of income and distributive share of income under Sections 702 and 704 and Subchapter S of the Internal Revenue Code.(c)  A sale, assignment, or transfer of the tax credit award may be made by the taxpayer earning the credit within one year after the credit is awarded in accordance with rules adopted by the Department of Commerce and Economic Opportunity.(d)  The Department of Revenue, in cooperation with the Department of Commerce and Economic Opportunity, shall adopt rules to enforce and administer the provisions of this Section.(e)  The tax credit award may not be carried back. If the amount of the credit exceeds the tax liability for the year, the excess may be carried forward and applied to the tax liability of the 5 tax years following the excess credit year.  The tax credit award shall be applied to the earliest year for which there is a tax liability.  If there are credits from more than one tax year that are available to offset liability, the earlier credit shall be applied first.  In no event may a credit under this Section reduce the taxpayer's liability to less than zero.   (Source: P.A. 102-16, eff. 6-17-21.)
35 ILCS 5/223
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 2 - Tax Imposed

Sec. 223. Hospital credit.(a)  For tax years ending on or after December 31, 2012 and ending on or before December 31, 2022, a taxpayer that is the owner of a hospital licensed under the Hospital Licensing Act, but not including an organization that is exempt from federal income taxes under the Internal Revenue Code, is entitled to a credit against the taxes imposed under subsections (a) and (b) of Section 201 of this Act in an amount equal to the lesser of the amount of real property taxes paid during the tax year on real property used for hospital purposes during the prior tax year or the cost of free or discounted services provided during the tax year pursuant to the hospital's charitable financial assistance policy, measured at cost.(b)  If the taxpayer is a partnership or Subchapter S corporation, the credit is allowed to the partners or shareholders in accordance with the determination of income and distributive share of income under Sections 702 and 704 and Subchapter S of the Internal Revenue Code.  A transfer of this credit may be made by the taxpayer earning the credit within one year after the credit is earned in accordance with rules adopted by the Department.  The Department shall prescribe rules to enforce and administer provisions of this Section.  If the amount of the credit exceeds the tax liability for the year, then the excess credit may be carried forward and applied to the tax liability of the 5 taxable years following the excess credit year.  The credit shall be applied to the earliest year for which there is a tax liability.  If there are credits from more than one tax year that are available to offset a liability, the earlier credit shall be applied first.  In no event shall a credit under this Section reduce the taxpayer's liability to less than zero.  (Source: P.A. 100-587, eff. 6-4-18.)
35 ILCS 5/224
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 2 - Tax Imposed

Sec. 224. Invest in Kids credit.(a) For taxable years beginning on or after January 1, 2018 and ending before January 1, 2023, each taxpayer for whom a tax credit has been awarded by the Department under the Invest in Kids Act is entitled to a credit against the tax imposed under subsections (a) and (b) of Section 201 of this Act in an amount equal to the amount awarded under the Invest in Kids Act.(b) For partners, shareholders of subchapter S corporations, and owners of limited liability companies, if the liability company is treated as a partnership for purposes of federal and State income taxation, the credit under this Section shall be determined in accordance with the determination of income and distributive share of income under Sections 702 and 704 and subchapter S of the Internal Revenue Code.(c) The credit may not be carried back and may not reduce the taxpayer's liability to less than zero. If the amount of the credit exceeds the tax liability for the year, the excess may be carried forward and applied to the tax liability of the 5 taxable years following the excess credit year. The tax credit shall be applied to the earliest year for which there is a tax liability. If there are credits for more than one year that are available to offset the liability, the earlier credit shall be applied first.(d) A tax credit awarded by the Department under the Invest in Kids Act may not be claimed for any qualified contribution for which  the taxpayer claims a federal income tax deduction.  (Source: P.A. 100-465, eff. 8-31-17.)
35 ILCS 5/225
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 2 - Tax Imposed

Sec. 225. Credit for instructional materials and supplies.  For taxable years beginning on and after January 1, 2017, a taxpayer shall be allowed a credit in the amount paid by the taxpayer during the taxable year for instructional materials and supplies with respect to classroom based instruction in a qualified school, or $250, whichever is less, provided that the taxpayer is a teacher, instructor, counselor, principal, or aide in a qualified school for at least 900 hours during a school year.The credit may not be carried back and may not reduce the taxpayer's liability to less than zero. If the amount of the credit exceeds the tax liability for the year, the excess may be carried forward and applied to the tax liability of the 5 taxable years following the excess credit year. The tax credit shall be applied to the earliest year for which there is a tax liability. If there are credits for more than one year that are available to offset a liability, the earlier credit shall be applied first.For purposes of this Section, the term "materials and supplies" means amounts paid for instructional materials or supplies that are designated for classroom use in any qualified school. For purposes of this Section, the term "qualified school" means a public school or non-public school located in Illinois.This Section is exempt from the provisions of Section 250.  (Source: P.A. 100-22, eff. 7-6-17.)