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94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006 SB0316
Introduced 2/15/2005, by Sen. Don Harmon SYNOPSIS AS INTRODUCED: |
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35 ILCS 5/509 |
from Ch. 120, par. 5-509 |
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Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning tax checkoff explanations.
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A BILL FOR
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SB0316 |
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LRB094 05315 BDD 35358 b |
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| AN ACT concerning revenue.
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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 Illinois Income Tax Act is amended by |
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| changing Section 509 as follows:
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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
the taxpayers to
designate contributions |
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| to 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,
the Illinois Military Family |
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| Relief Fund,
the Illinois Veterans' Homes Fund, and the Asthma |
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| 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 |