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| Public Act 093-0776 |
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AN ACT concerning taxes.
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Be it enacted by the People of the State of Illinois,
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represented in the General Assembly:
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Section 5. The Department of Veterans Affairs Act is | ||||
amended by adding Section 2g as follows: | ||||
(20 ILCS 2805/2g new) | ||||
Sec. 2g. The Illinois Veterans' Homes Fund. The Illinois | ||||
Veterans' Homes Fund is hereby created as a special fund in the | ||||
State treasury. From appropriations to the Department from the | ||||
Fund the Department shall purchase needed equipment and | ||||
supplies to enhance the lives of the residents at and to | ||||
enhance the operations of veterans' homes in Illinois. | ||||
Section 10. The State Finance Act is amended by adding | ||||
Section 5.625 as follows: | ||||
(30 ILCS 105/5.625 new) | ||||
Sec. 5.625. The Illinois Veterans' Homes Fund. | ||||
Section 15. The Illinois Income Tax Act is amended by | ||||
changing Sections 509 and 510 and by adding Section 507DD as | ||||
follows: | ||||
(35 ILCS 5/507DD new) | ||||
Sec. 507DD. The Illinois Veterans' Homes Fund checkoff. For | ||||
taxable years ending on or after December 31, 2004, the | ||||
Department
shall print on its standard individual income tax | ||||
form a provision indicating
that if the taxpayer wishes to | ||||
contribute to the Illinois Veterans' Homes Fund, as authorized | ||||
by this amendatory Act of the 93rd General Assembly, he or she | ||||
may do so by
stating the amount of the contribution (not less | ||||
than $1) on the return and
that the contribution will reduce | ||||
the taxpayer's refund or increase the amount
of payment to | ||
accompany the return. Failure to remit any amount of increased
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payment shall reduce the contribution accordingly. This | ||
Section shall not
apply to any amended return.
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(35 ILCS 5/509) (from Ch. 120, par. 5-509)
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Sec. 509. Tax checkoff explanations. All individual income | ||
tax return forms
shall contain appropriate explanations and | ||
spaces to enable the taxpayers to
designate contributions to | ||
the following funds:
the Child Abuse Prevention Fund,
the | ||
Illinois Wildlife Preservation Fund (as required by the | ||
Illinois
Non-Game Wildlife Protection Act),
the Alzheimer's | ||
Disease Research Fund (as required by the Alzheimer's
Disease | ||
Research Act),
the Assistance to the Homeless Fund (as required | ||
by this Act),
the Penny Severns Breast and Cervical Cancer | ||
Research Fund,
the National World War II Memorial Fund,
the | ||
Prostate Cancer Research Fund,
the Lou Gehrig's Disease (ALS) | ||
Research Fund,
the Multiple Sclerosis Assistance Fund,
the | ||
Leukemia Treatment and Education Fund,
the World War II | ||
Illinois Veterans Memorial Fund,
the Korean War Veterans | ||
National Museum and Library Fund,
to the Illinois Military | ||
Family Relief Fund,
the Illinois Veterans' Homes Fund, and the | ||
Asthma and Lung Research Fund.
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Each form shall contain a statement that the contributions | ||
will reduce the
taxpayer's refund or increase the amount of | ||
payment to accompany the return.
Failure to remit any amount of | ||
increased payment shall reduce the contribution
accordingly.
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If, on October 1 of any year, the total contributions to | ||
any one of the
funds made under this Section do not equal | ||
$100,000 or more, the explanations
and spaces for designating | ||
contributions to the fund shall be removed from the
individual | ||
income tax return forms for the following and all subsequent | ||
years
and all subsequent contributions to the fund shall be | ||
refunded to the taxpayer.
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(Source: P.A. 92-84, eff. 7-1-02; 92-198, eff. 8-1-01; 92-651, | ||
eff. 7-11-02;
92-772, eff. 8-6-02; 92-886, eff. 2-7-03; 93-36, | ||
eff. 6-24-03; 93-131, eff.
7-10-03; 93-292, eff. 7-22-03; | ||
93-324, eff. 7-23-03; revised 9-8-03.)
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(35 ILCS 5/510) (from Ch. 120, par. 5-510)
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Sec. 510. Determination of amounts contributed. The | ||
Department shall
determine the total amount contributed to each | ||
of the following:
the Child Abuse Prevention Fund,
the Illinois | ||
Wildlife Preservation Fund,
the Assistance to the Homeless | ||
Fund,
the Alzheimer's Disease Research Fund,
the Penny Severns | ||
Breast and Cervical Cancer Research Fund,
the National World | ||
War II Memorial Fund,
the Prostate Cancer Research Fund, to
the | ||
Illinois Military Family Relief Fund,
the Lou Gehrig's Disease | ||
(ALS) Research Fund,
the Multiple Sclerosis Assistance Fund,
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the Leukemia Treatment and Education Fund,
the World War II | ||
Illinois Veterans Memorial Fund,
the Korean War Veterans | ||
National Museum and Library Fund, the Illinois Veterans' Homes | ||
Fund, and
the Asthma and Lung Research Fund;
and shall notify | ||
the State Comptroller and the State Treasurer of the amounts
to | ||
be transferred from the General Revenue Fund to each fund, and | ||
upon receipt
of such notification the State Treasurer and | ||
Comptroller shall transfer the
amounts.
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(Source: P.A. 92-84, eff. 7-1-02; 92-198, eff. 8-1-01; 92-651, | ||
eff. 7-11-02;
92-772, eff. 8-6-02; 92-886, eff. 2-7-03; 93-36, | ||
eff. 6-24-03; 93-131, eff.
7-10-03; 93-292, eff. 7-22-03; | ||
93-324, eff. 7-23-03; revised 9-8-03.)
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Section 99. Effective date. This Act takes effect upon | ||
becoming law.
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