SB1906 Summary

• Creates an income tax credit equal to 20% of gross wages paid to qualified youth in care, capped at $5,000 per taxable year beginning December 31, 2019.

• Defines "qualified youth in care" as Illinois residents who currently meet the definition under Section 4d of the Children and Family Services Act or previously met that definition and are under age 27.

• Requires "sustained employment" of at least 185 days from hire date, or for previously unemployed youth, 30 days of employment if they were unemployed for 6+ months in the preceding year.

• Allows excess credits to be carried forward and applied to tax liability for the 5 following taxable years, with earlier year credits applied first.

• Requires employers requesting youth in care status disclosure to clearly indicate that providing such information is entirely voluntary with no negative consequences for refusal.