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| | 97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
HB1282 Introduced 02/08/11, by Rep. LaShawn K. Ford SYNOPSIS AS INTRODUCED:
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| 30 ILCS 105/5.786 new | | 30 ILCS 105/6z-87 new | | 35 ILCS 5/507YY new | |
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Amends the Illinois Income Tax Act. Creates a tax checkoff for the After-School Rescue Fund. Amends the State Finance Act to create the Fund. Provides that moneys in the Fund may be used by the Illinois State Board of Education for the making of grants to at-risk schools for the promotion of extracurricular and after-school programs. Effective immediately.
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| | | FISCAL NOTE ACT MAY APPLY | |
| | A BILL FOR |
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| | HB1282 | | LRB097 06544 HLH 46628 b |
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| 1 | | AN ACT concerning revenue.
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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 State Finance Act is amended by adding |
| 5 | | Sections 5.786 and 6z-87 as follows:
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| 6 | | (30 ILCS 105/5.786 new) |
| 7 | | Sec. 5.786. The After-School Rescue Fund.
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| 8 | | (30 ILCS 105/6z-87 new) |
| 9 | | Sec. 6z-87. After-School Rescue Fund; creation. The |
| 10 | | After-School Rescue Fund is created as a special fund in the |
| 11 | | State treasury. Moneys in the Fund shall be used by the |
| 12 | | Illinois State Board of Education for the making of grants to |
| 13 | | at-risk schools for the promotion of extracurricular and |
| 14 | | after-school programs.
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| 15 | | Section 10. The Illinois Income Tax Act is amended by |
| 16 | | adding Section 507YY as follows:
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| 17 | | (35 ILCS 5/507YY new) |
| 18 | | Sec. 507YY. After-School Rescue Fund checkoff. For taxable
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| 19 | | years ending on or after December 31, 2011, the Department must
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| 20 | | print on its standard individual income tax form a provision
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