IL HB3460

Creates an income tax credit for taxpayers who donate crops to food banks or qualified charitable organizations in Illinois, effective for taxable years beginning January 1, 2019.

Credits equal 15% of the wholesale market price value of donated crops, computed based on either the last previous cash buyer price or regional wholesale/U-Pick market prices if no prior buyer exists.

Allows credits to be carried forward up to 5 taxable years if the annual credit exceeds tax liability in the current year.

Defines eligible donations as crops grown primarily for sale that are still usable as food and donated under specified circumstances: fulfilling contract quotas, responding to reduced contingent supply contracts, or voluntary donations of apparently wholesome food.

Exempts the credit from Illinois Income Tax Act's automatic sunset provision, meaning it does not expire on a set date.