93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004
HB4925

 

Introduced 02/04/04, by William Delgado

 

SYNOPSIS AS INTRODUCED:
 
305 ILCS 22/15
305 ILCS 22/25

    Amends the Good Samaritan Energy Plan Act. Provides for the deposit into the Good Samaritan Energy Trust Fund of other moneys from any source that are designated for the Fund. Provides that the Department of Commerce and Economic Opportunity may contract with a tax-exempt not-for-profit charitable organization to administer the Fund, in order to make donations to the fund tax-deductible. Effective immediately.


LRB093 18542 DRJ 44263 b

FISCAL NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB4925 LRB093 18542 DRJ 44263 b

1     AN ACT concerning energy assistance.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Good Samaritan Energy Plan Act is amended by
5 changing Sections 15 and 25 as follows:
 
6     (305 ILCS 22/15)
7     Sec. 15. Good Samaritan Energy Trust Fund. The Good
8 Samaritan Energy Trust Fund is created as a special fund in the
9 State treasury. The Department shall administer the Fund. The
10 Department shall deposit moneys received from the following
11 sources into the Fund:
12         (1) Voluntary donations from individuals, foundations,
13     corporations, and other sources.
14         (2) Proceeds from fundraising events held for the
15     purpose of generating moneys for the Fund.
16         (3) Other moneys from any source that are designated
17     for the Fund.
18 (Source: P.A. 93-285, eff. 7-22-03.)
 
19     (305 ILCS 22/25)
20     Sec. 25. Administration of Fund.
21     (a) The Department shall administer the Good Samaritan
22 Energy Trust Fund with the advice and consent of the Low Income
23 Energy Assistance Policy Advisory Council established under
24 the Energy Assistance Act of 1989. Donations received for the
25 Fund shall be made available for the purpose of alleviating
26 utility bill arrearages for households determined eligible for
27 LIHEAP, except that the Department may use up to 10% of the
28 moneys donated for the Fund for the expenses of the Department
29 and the local area agency incurred in administering the Fund.
30 Resources from the Fund shall be awarded to local area agencies
31 that have existing contracts with the Department to administer

 

 

HB4925 - 2 - LRB093 18542 DRJ 44263 b

1 LIHEAP in Illinois.
2     (b) In order to make donations to the Fund eligible as
3 charitable contribution deductions from adjusted gross income
4 for purposes of federal income tax, the Department may contract
5 with a not-for-profit charitable organization that is exempt
6 from federal income tax by reason of Section 501(c)(3) of the
7 Internal Revenue Code for the administration of the Fund.
8 (Source: P.A. 93-285, eff. 7-22-03.)
 
9     Section 99. Effective date. This Act takes effect upon
10 becoming law.