Sec. 7-30. Limits on covered income.

219 words·~1 min read·/il/chapter-110/act-992/7-30

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Sec. 7-30. Limits on covered income. An EISA must specify the definition of income to be used for the purposes of calculating a consumer's payment obligation under the EISA. No EISA shall include any of the following in its definition of income:

(1)the income of the consumer's spouse, children, or dependents or a party to a civil

union with the consumer under the Illinois Religious Freedom and Civil Union Act; or

(2)any amount paid by the consumer under Title II or XVI of the Social Security Act, 42

U.S.C. 401 et seq. or 42 U.S.C. 1381 et seq., or under a State program funded by Title IV of the Social Security Act, 42 U.S.C. 601 et seq;

(3)individual retirement account distributions;

(4)pensions and annuities;

(5)social security benefits;

(6)any sources of government aid provided to individuals, including, but not limited to:

(A)unemployment programs;

(B)disaster relief programs;

(C)Medicare or Medicaid benefits;

(D)benefits received through the Supplemental Nutrition Assistance Program;

(E)economic impact payments;

(F)the earned income tax credit or child tax credit;

(G)other income excluded from the definition of taxable income set forth by the

Internal Revenue Service; or

(H)passive income that is not derived as a result of a consumer's active

participation in any trade or business.