HB5157 Enrolled

LRB093 19438 SJM 45176 b






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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 
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amended  by adding Section 2g as follows:
 
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    (20 ILCS 2805/2g  new)
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    Sec. 2g. The Illinois Veterans' Homes Fund. The Illinois 
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Veterans' Homes Fund is hereby created as a special fund in the 
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State treasury. From appropriations to the Department from the 
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Fund the Department shall purchase needed equipment and 
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supplies to enhance the lives of the residents at and to 
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enhance the operations of veterans' homes in Illinois.
 
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    Section 10. The State Finance Act is amended  by adding 
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Section 5.625 as follows:
 
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    (30 ILCS 105/5.625  new)
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    Sec. 5.625. The Illinois Veterans' Homes Fund.
 
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    Section 15. The Illinois Income Tax Act is amended  by 
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changing Sections 509 and 510 and  by adding Section 507DD as 
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follows:
 
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    (35 ILCS 5/507DD  new)
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    Sec. 507DD. The Illinois Veterans' Homes Fund checkoff. For 
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taxable years ending on or after December 31, 2004,  the 
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Department
shall print on its standard individual income tax 
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form a provision indicating
that if the taxpayer wishes to 
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contribute to the Illinois Veterans' Homes Fund, as authorized 
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by this amendatory Act of the 93rd General Assembly, he or she 
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may do so by
stating the amount of the contribution (not less 
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than $1) on the return and
that the contribution will reduce 
 


 






HB5157 Enrolled
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LRB093 19438 SJM 45176 b




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the taxpayer's refund or increase the amount
of payment to 
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accompany the return.  Failure to remit any amount of increased

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payment shall reduce the contribution accordingly.  This 
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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 
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tax return forms
shall contain appropriate explanations and 
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spaces to enable the taxpayers to
designate contributions to 
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the following funds:
the Child Abuse Prevention Fund,
the 
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Illinois Wildlife Preservation Fund (as required by the 
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Illinois
Non-Game Wildlife Protection Act),
the Alzheimer's 
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Disease Research Fund (as required by the Alzheimer's
Disease 
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Research Act),
the Assistance to the Homeless Fund (as required 
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by this Act),
the Penny Severns Breast and Cervical Cancer 
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Research Fund,
the National World War II Memorial Fund,
the 
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Prostate Cancer Research Fund,
the Lou Gehrig's Disease (ALS) 
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Research Fund,
the Multiple Sclerosis Assistance Fund,
the 
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Leukemia Treatment and Education Fund,
the World War II 
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Illinois Veterans Memorial Fund,
the Korean War Veterans 
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National Museum and Library Fund,
to the Illinois Military 
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Family Relief Fund,
the Illinois Veterans' Homes Fund, and the 
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Asthma and Lung Research Fund.

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    Each form shall contain a statement that the contributions 
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will reduce the
taxpayer's refund or increase the amount of 
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payment to accompany the return.
Failure to remit any amount of 
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increased payment shall reduce the contribution
accordingly.

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    If, on October 1 of any year, the total contributions to 
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any one of the
funds made under this Section do not equal 
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$100,000 or more, the explanations
and spaces for designating 
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contributions to the fund shall be removed from the
individual 
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income tax return forms for the following and all subsequent 
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years
and all subsequent contributions to the fund shall be 
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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, 
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eff. 7-11-02;
92-772, eff. 8-6-02; 92-886, eff. 2-7-03; 93-36, 
 


 






HB5157 Enrolled
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LRB093 19438 SJM 45176 b




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eff. 6-24-03; 93-131, eff.
7-10-03; 93-292, eff. 7-22-03; 
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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 
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Department shall
determine the total amount contributed to each 
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of the following:
the Child Abuse Prevention Fund,
the Illinois 
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Wildlife Preservation Fund,
the Assistance to the Homeless 
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Fund,
the Alzheimer's Disease Research Fund,
the Penny Severns 
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Breast and Cervical Cancer Research Fund,
the National World 
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War II Memorial Fund,
the Prostate Cancer Research Fund, to
the 
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Illinois Military Family Relief Fund,
the Lou Gehrig's Disease 
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(ALS) Research Fund,
the Multiple Sclerosis Assistance Fund,

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the Leukemia Treatment and Education Fund,
the World War II 
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Illinois Veterans Memorial Fund,
the Korean War Veterans 
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National Museum and Library Fund, the Illinois Veterans' Homes 
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Fund, and
the Asthma and Lung Research Fund;
and shall notify 
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the State Comptroller and the State Treasurer of the amounts
to 
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be transferred from the General Revenue Fund to each fund, and 
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upon receipt
of such notification the State Treasurer and 
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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, 
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eff. 7-11-02;
92-772, eff. 8-6-02; 92-886, eff. 2-7-03; 93-36, 
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eff. 6-24-03; 93-131, eff.
7-10-03; 93-292, eff. 7-22-03; 
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93-324, eff. 7-23-03; revised 9-8-03.)

 

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