99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016
HB0142
 
Introduced , by Rep. Lawrence M. Walsh, Jr.
 
SYNOPSIS AS INTRODUCED:
 

 
30 ILCS 105/5.866 new
35 ILCS 5/507DDD new

     Amends the Illinois Income Tax Act.  Creates an income tax checkoff to allow taxpayers to make contributions to the U.S.S. Illinois  Commissioning Fund for the purpose of donating to the U.S.S. Illinois Commissioning Committee.  Effective immediately.
  


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FISCAL NOTE ACT MAY APPLY
 
 
A BILL FOR
 

  
HB0142LRB099 03818 HLH 23831 b


  
1    AN ACT concerning revenue.
  
 
2    Be it enacted by the People of the State of Illinois,
 
3represented in the General Assembly:
  


 
 
4    Section 5. The State Finance Act is amended by adding 
5Section 5.866 as follows:
 
6    (30 ILCS 105/5.866 new)
7    Sec. 5.866. The U.S.S. Illinois  Commissioning Fund.  This 
8Section is repealed on December 31, 2017.
 
9    Section 10. The Illinois Income Tax Act is amended  by 
10adding Section 507DDD as follows:
 
11    (35 ILCS 5/507DDD new)
12    Sec. 507DDD. U.S.S. Illinois  Commissioning Fund checkoff.  
13For taxable
years ending on or after December 31, 2014 and 
14ending on or before December 31, 2016, the Department must

15print on its standard individual income tax form a provision

16(i) indicating that if the taxpayer wishes to contribute to the

17U.S.S. Illinois  Commissioning Fund, a special fund created in 
18the State treasury, for the purpose of donating to the U.S.S. 
19Illinois Commissioning Committee, as authorized by this 
20amendatory Act of
the 99th General Assembly, he or she may do 
21so by stating the
amount of the contribution (not less than $1) 
 
 
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1on the return and
(ii) stating that the contribution will 
2reduce the taxpayer's refund or
increase the amount of payment 
3to accompany the return.  Failure
to remit any amount of 
4increased payment shall reduce the
contribution accordingly. 
5Notwithstanding any other provision of law, moneys deposited 
6into the U.S.S. Illinois  Commissioning Fund from contributions 
7under this Section shall be used by the Department of Military 
8Affairs to make grants to the U.S.S. Illinois Commissioning 
9Committee.  This Section does not apply to any
amended return.
10    This Section is repealed on December 31, 2017. 


 
11    Section 99. Effective date. This Act takes effect upon 
12becoming law.