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| | 100TH GENERAL ASSEMBLY
State of Illinois
2017 and 2018
HB2881 Introduced , by Rep. Allen Skillicorn SYNOPSIS AS INTRODUCED:
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Creates the Charitable Tax Exemption Act. Provides that not-for-profit
corporations
that
are
exempt
from
taxation
under
Sections
501(c)
or 501(d)
of the
Internal
Revenue
Code
or organized
under
the General
Not For Profit
Corporation
Act of 1986 are exempt from any tax imposed by the State or any unit of local government. Preempts home rule powers.
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| | | FISCAL NOTE ACT MAY APPLY | | HOME RULE NOTE ACT MAY APPLY |
| | A BILL FOR |
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| | HB2881 | | LRB100 09568 HLH 19735 b |
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| 1 | | AN ACT concerning revenue.
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| 2 | | Be it enacted by the People of the State of Illinois,
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| 3 | | represented in the General Assembly:
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| 4 | | Section 1. Short title. This Act may be cited as the |
| 5 | | Charitable Tax Exemption Act.
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| 6 | | Section 5. Exemption. Notwithstanding any other provision |
| 7 | | of law, on and after the effective date of this Act, |
| 8 | | not-for-profit
corporations
that
are
exempt
from
taxation
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| 9 | | under
Sections
501(c)
or 501(d)
of the
Internal
Revenue
Code
or |
| 10 | | organized
under
the General
Not For Profit
Corporation
Act of |
| 11 | | 1986 are exempt from any tax imposed by the State or any unit |
| 12 | | of local government, including, but not limited to, income |
| 13 | | taxes, use and occupation taxes, motor fuel taxes, automobile |
| 14 | | rental taxes, utility taxes, and property taxes. Nothing in |
| 15 | | this Section shall be construed to grant an exemption to any |
| 16 | | entity if that exemption violates the Illinois Constitution or |
| 17 | | the Constitution of the United States.
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| 18 | | Section 10. Home rule. This Section is a limitation under
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| 19 | | subsection (g) of Section 6 of Article VII of the Illinois |
| 20 | | Constitution on
the power of home rule units to tax.
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