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(Source: P.A. 102-175, eff. 7-29-21.) Section 810-10. The Illinois Income Tax Act is amended by changing Section 214 as follows: (35 ILCS 5/214) 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, 2036, 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. For taxable years ending before December 31, 2023, 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. For taxable years ending on or after December 31, 2023, partners and shareholders of subchapter S corporations are entitled to a credit under this Section as provided in Section 251. Persons or entities not subject to the tax imposed by subsections (a) and (b) of SB3019 Enrolled LRB104 20255 HLH 33706 b Public Act 104-0468