This bill amends the Income Tax Act of 1967 by adding a new section, Sec. 281, which introduces a tax credit for qualified taxpayers starting from tax years beginning on or after January 1, 2026. The credit is applicable for all qualified user fees incurred during the tax year. A qualified taxpayer is defined as a resident of a township with a population between 10,000 and 15,000 in a county with a population over 1,500,000, or an individual whose predominant place of employment is in such a township. The bill also specifies that the Department of Treasury may require reasonable proof of the qualified user fees claimed for the credit.

Additionally, if the credit amount exceeds the taxpayer's tax liability for the year, the excess will be refunded. The bill defines "qualified user fees" as fees incurred when a public service facility is the only means of transportation to and from the qualifying township. It also clarifies terms such as "predominant place of employment," "public service facility," and "user fees" to ensure proper understanding and implementation of the new tax credit provisions.

Statutes affected:
Senate Introduced Bill: 206.1, 206.847