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1 | AN ACT concerning taxes.
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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 5. The Department of Veterans Affairs Act is | ||||||
5 | amended by adding Section 2g as follows: | ||||||
6 | (20 ILCS 2805/2g new) | ||||||
7 | Sec. 2g. The Illinois Veterans' Homes Fund. The Illinois | ||||||
8 | Veterans' Homes Fund is hereby created as a special fund in the | ||||||
9 | State treasury. From appropriations to the Department from the | ||||||
10 | Fund the Department shall purchase needed equipment and | ||||||
11 | supplies to enhance the lives of the residents at and to | ||||||
12 | enhance the operations of veterans' homes in Illinois. | ||||||
13 | Section 10. The State Finance Act is amended by adding | ||||||
14 | Section 5.625 as follows: | ||||||
15 | (30 ILCS 105/5.625 new) | ||||||
16 | Sec. 5.625. The Illinois Veterans' Homes Fund. | ||||||
17 | Section 15. The Illinois Income Tax Act is amended by | ||||||
18 | changing Sections 509 and 510 and by adding Section 507DD as | ||||||
19 | follows: | ||||||
20 | (35 ILCS 5/507DD new) | ||||||
21 | Sec. 507DD. The Illinois Veterans' Homes Fund checkoff. For | ||||||
22 | taxable years ending on or after December 31, 2004, the | ||||||
23 | Department
shall print on its standard individual income tax | ||||||
24 | form a provision indicating
that if the taxpayer wishes to | ||||||
25 | contribute to the Illinois Veterans' Homes Fund, as authorized | ||||||
26 | by this amendatory Act of the 93rd General Assembly, he or she | ||||||
27 | may do so by
stating the amount of the contribution (not less | ||||||
28 | than $1) on the return and
that the contribution will reduce |
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1 | the taxpayer's refund or increase the amount
of payment to | ||||||
2 | accompany the return. Failure to remit any amount of increased
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3 | payment shall reduce the contribution accordingly. This | ||||||
4 | Section shall not
apply to any amended return.
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5 | (35 ILCS 5/509) (from Ch. 120, par. 5-509)
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6 | Sec. 509. Tax checkoff explanations. All individual income | ||||||
7 | tax return forms
shall contain appropriate explanations and | ||||||
8 | spaces to enable the taxpayers to
designate contributions to | ||||||
9 | the following funds:
the Child Abuse Prevention Fund,
the | ||||||
10 | Illinois Wildlife Preservation Fund (as required by the | ||||||
11 | Illinois
Non-Game Wildlife Protection Act),
the Alzheimer's | ||||||
12 | Disease Research Fund (as required by the Alzheimer's
Disease | ||||||
13 | Research Act),
the Assistance to the Homeless Fund (as required | ||||||
14 | by this Act),
the Penny Severns Breast and Cervical Cancer | ||||||
15 | Research Fund,
the National World War II Memorial Fund,
the | ||||||
16 | Prostate Cancer Research Fund,
the Lou Gehrig's Disease (ALS) | ||||||
17 | Research Fund,
the Multiple Sclerosis Assistance Fund,
the | ||||||
18 | Leukemia Treatment and Education Fund,
the World War II | ||||||
19 | Illinois Veterans Memorial Fund,
the Korean War Veterans | ||||||
20 | National Museum and Library Fund,
to the Illinois Military | ||||||
21 | Family Relief Fund,
the Illinois Veterans' Homes Fund, and the | ||||||
22 | Asthma and Lung Research Fund.
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23 | Each form shall contain a statement that the contributions | ||||||
24 | will reduce the
taxpayer's refund or increase the amount of | ||||||
25 | payment to accompany the return.
Failure to remit any amount of | ||||||
26 | increased payment shall reduce the contribution
accordingly.
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27 | If, on October 1 of any year, the total contributions to | ||||||
28 | any one of the
funds made under this Section do not equal | ||||||
29 | $100,000 or more, the explanations
and spaces for designating | ||||||
30 | contributions to the fund shall be removed from the
individual | ||||||
31 | income tax return forms for the following and all subsequent | ||||||
32 | years
and all subsequent contributions to the fund shall be | ||||||
33 | refunded to the taxpayer.
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34 | (Source: P.A. 92-84, eff. 7-1-02; 92-198, eff. 8-1-01; 92-651, | ||||||
35 | eff. 7-11-02;
92-772, eff. 8-6-02; 92-886, eff. 2-7-03; 93-36, |
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1 | eff. 6-24-03; 93-131, eff.
7-10-03; 93-292, eff. 7-22-03; | ||||||
2 | 93-324, eff. 7-23-03; revised 9-8-03.)
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3 | (35 ILCS 5/510) (from Ch. 120, par. 5-510)
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4 | Sec. 510. Determination of amounts contributed. The | ||||||
5 | Department shall
determine the total amount contributed to each | ||||||
6 | of the following:
the Child Abuse Prevention Fund,
the Illinois | ||||||
7 | Wildlife Preservation Fund,
the Assistance to the Homeless | ||||||
8 | Fund,
the Alzheimer's Disease Research Fund,
the Penny Severns | ||||||
9 | Breast and Cervical Cancer Research Fund,
the National World | ||||||
10 | War II Memorial Fund,
the Prostate Cancer Research Fund, to
the | ||||||
11 | Illinois Military Family Relief Fund,
the Lou Gehrig's Disease | ||||||
12 | (ALS) Research Fund,
the Multiple Sclerosis Assistance Fund,
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13 | the Leukemia Treatment and Education Fund,
the World War II | ||||||
14 | Illinois Veterans Memorial Fund,
the Korean War Veterans | ||||||
15 | National Museum and Library Fund, the Illinois Veterans' Homes | ||||||
16 | Fund, and
the Asthma and Lung Research Fund;
and shall notify | ||||||
17 | the State Comptroller and the State Treasurer of the amounts
to | ||||||
18 | be transferred from the General Revenue Fund to each fund, and | ||||||
19 | upon receipt
of such notification the State Treasurer and | ||||||
20 | Comptroller shall transfer the
amounts.
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21 | (Source: P.A. 92-84, eff. 7-1-02; 92-198, eff. 8-1-01; 92-651, | ||||||
22 | eff. 7-11-02;
92-772, eff. 8-6-02; 92-886, eff. 2-7-03; 93-36, | ||||||
23 | eff. 6-24-03; 93-131, eff.
7-10-03; 93-292, eff. 7-22-03; | ||||||
24 | 93-324, eff. 7-23-03; revised 9-8-03.)
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25 | Section 99. Effective date. This Act takes effect upon | ||||||
26 | becoming law.
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