093_SB1401eng

 
SB1401 Engrossed                     LRB093 10609 MKM 10893 b

 1        AN ACT concerning taxes.

 2        Be it enacted by the People of  the  State  of  Illinois,
 3    represented in the General Assembly:

 4        Section  5.  The  Department  of Revenue Law of the Civil
 5    Administrative Code of Illinois is amended by adding  Section
 6    2505-67 as follows:

 7        (20 ILCS 2505/2505-67 new)
 8        Sec.  2505-67.  The Asthma and Lung Research Fund.  There
 9    is created in the State treasury the Asthma and Lung Research
10    Fund. Subject to  appropriation,  the  Department  must  make
11    grants from the fund for the Asthma Clinical Research Program
12    administered by the American Lung Association.

13        Section  10.  The  State Finance Act is amended by adding
14    Section 5.95 as follows:

15        (30 ILCS 105/5.95)
16        Sec. 5.95.  The Asthma and Lung Research Fund.

17        Section 15. The Illinois Income Tax  Act  is  amended  by
18    adding Section 507Y as follows:

19        (35 ILCS 5/507Y new)
20        Sec.   507Y.  Asthma  and  Lung  Research  checkoff.  The
21    Department must print on its standard individual  income  tax
22    form  a  provision  indicating that if the taxpayer wishes to
23    contribute  to  the  Asthma  and  Lung  Research   Fund,   as
24    authorized  by  this  amendatory  Act  of  the  93rd  General
25    Assembly,  he  or  she may do so by stating the amount of the
26    contribution (not less than $1) on the return  and  that  the
27    contribution  will  reduce  the taxpayer's refund or increase
 
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 1    the amount of payment to accompany  the  return.  Failure  to
 2    remit   any   amount   of   increased   payment  reduces  the
 3    contribution accordingly. This Section does not apply  to  an
 4    amended return.

 5        Section  20.   The  Illinois Income Tax Act is amended by
 6    changing Sections 509 and 510 as follows:

 7        (35 ILCS 5/509) (from Ch. 120, par. 5-509)
 8        Sec. 509.  Tax  checkoff  explanations.   All  individual
 9    income   tax   return   forms   shall   contain   appropriate
10    explanations  and spaces to enable the taxpayers to designate
11    contributions to  the  following  funds:    the  Child  Abuse
12    Prevention  Fund,  to the Illinois Wildlife Preservation Fund
13    (as required by the  Illinois  Non-Game  Wildlife  Protection
14    Act),  to  the Alzheimer's Disease Research Fund (as required
15    by the Alzheimer's Disease Research Act), to  the  Assistance
16    to  the Homeless Fund (as required by this Act), to the Penny
17    Severns Breast and Cervical  Cancer  Research  Fund,  to  the
18    National  World  War II Memorial Fund, to the Prostate Cancer
19    Research Fund, the Multiple Sclerosis Assistance Fund, and to
20    the Korean War Veterans National Museum and Library Fund, and
21    the Asthma and Lung Research Fund.
22        Each  form   shall   contain   a   statement   that   the
23    contributions  will  reduce the taxpayer's refund or increase
24    the amount of payment to accompany the return.    Failure  to
25    remit  any  amount  of  increased  payment  shall  reduce the
26    contribution accordingly.
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
31    individual  income tax return forms for the following and all
32    subsequent years and all subsequent contributions to the fund
 
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 1    shall be refunded to the taxpayer.
 2    (Source: P.A. 91-104, eff.  7-13-99;  91-107,  eff.  7-13-99;
 3    91-357,  eff.  7-29-99;  91-833,  eff.  1-1-01;  91-836, eff.
 4    1-1-01; 92-84, eff. 7-1-02; 92-198, eff. 8-1-01; 92-651, eff.
 5    7-11-02; 92-772, eff. 8-6-02; revised 1-2-03.)

 6        (35 ILCS 5/510) (from Ch. 120, par. 5-510)
 7        Sec. 510.  Determination  of  amounts  contributed.   The
 8    Department  shall  determine  the total amount contributed to
 9    each of the following: the Child Abuse Prevention  Fund,  the
10    Illinois  Wildlife  Preservation  Fund, the Assistance to the
11    Homeless Fund, the Alzheimer's  Disease  Research  Fund,  the
12    Penny  Severns  Breast and Cervical Cancer Research Fund, the
13    National World War II  Memorial  Fund,  the  Prostate  Cancer
14    Research  Fund,  the  Multiple Sclerosis Assistance Fund, and
15    the Korean War Veterans National Museum and Library Fund, and
16    the Asthma and Lung Research Fund; and shall notify the State
17    Comptroller and the State Treasurer  of  the  amounts  to  be
18    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.
21    (Source: P.A.  91-104,  eff.  7-13-99;  91-107, eff. 7-13-99;
22    91-833, eff. 1-1-01; 91-836, eff. 1-1-01; 92-84, eff. 7-1-02;
23    92-198, eff.  8-1-01;  92-651,  eff.  7-11-02;  92-772,  eff.
24    8-6-02.)

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