94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
SB1865


 
Introduced 2/25/2005, by Sen. John M. Sullivan
 
SYNOPSIS AS INTRODUCED:
 		













35 ILCS 5/216 new










    Amends the Illinois Income Tax Act. Allows a tax credit of up to $2,000 for an individual taxpayer who pays the burial expenses for a fetus for which a fetal death certificate has been issued.  Provides that the credit (i) may be taken by only one taxpayer with respect to any one fetal death, (ii) may not be carried forward  or  back, and (iii) may not reduce the taxpayer's
liability to less than zero. Requires the Department of Revenue to adopt rules concerning the credit. Effective immediately.
















LRB094 08543 BDD 38750 b

















FISCAL NOTE ACT MAY APPLY
















 


 


A BILL FOR









 











SB1865

LRB094 08543 BDD 38750 b






1
    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 adding 
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Section 216 as follows:
 
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    (35 ILCS 5/216  new)
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    Sec. 216. Burial costs for stillborn children.
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    (a) For taxable years ending on or after December 31, 2005 
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through taxable years ending on or before December 30, 2010, an 
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individual taxpayer who pays the burial expenses for a   fetus 
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for which a fetal death certificate has been issued under 
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Section 20 of the Vital Records Act is entitled to a credit 
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against the tax imposed by subsections (a) and (b) of Section 
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201 in an amount equal to the burial expenses incurred during 
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the taxable year, but not to exceed $2,000.
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    (b) The credit under this Section may be taken by only one 
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taxpayer with respect to any one fetal death. The credit may 
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not be carried forward  or  back.   In  no
event shall a credit 
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under this Section reduce the taxpayer's
liability to less than 
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zero.
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    (c) The
Department must adopt rules  to  enforce  and

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administer  the  provisions  of this Section. Without limitation, 
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these rules must set forth allowable burial expenses and 
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requirements  for the documentation of the burial expenses.

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