97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
HB1642
 
Introduced 2/15/2011, by Rep. Kay Hatcher
 
SYNOPSIS AS INTRODUCED:
 

 
30 ILCS 105/5.786 new
30 ILCS 105/6z-87 new
35 ILCS 5/507YY new

     Amends the Illinois Income Tax Act. Creates  a tax checkoff for the Habitat for Humanity Fund.  Amends the State Finance Act to create the Fund.  Provides that moneys in the Fund shall be appropriated to the Department of Human Services for grants supporting Habitat for Humanity projects in Illinois.  Effective immediately.
  


LRB097 08746 PJG 48875 b

FISCAL NOTE ACT MAY APPLY
 
 
A BILL FOR
 

  
HB1642LRB097 08746 PJG 48875 b


  
1    AN ACT concerning finance.
  
 
2    Be it enacted by the People of the State of Illinois,
 
3represented in the General Assembly:
  


 
4    Section 5. The State Finance Act is amended  by adding 
5Sections 5.786 and 6z-87 as follows:
 
6    (30 ILCS 105/5.786 new)
7    Sec. 5.786. The Habitat for Humanity Fund.
 
8    (30 ILCS 105/6z-87 new)
9    Sec. 6z-87. The Habitat for Humanity Fund; creation.  The 
10Habitat for Humanity Fund is created as a special fund in the 
11State treasury.  Moneys in the Fund shall be appropriated to the 
12Department of Human Services for the purpose of making grants 
13to Habitat for Humanity of Illinois, Inc., for the purpose of 
14supporting Habitat for Humanity projects in Illinois.
 
15    Section 10. The Illinois Income Tax Act is amended  by 
16adding Section 507YY as follows:
 
17    (35 ILCS 5/507YY new)
18    Sec. 507YY. Habitat for Humanity fund checkoff.  For taxable 
19years beginning on and after January 1, 2012, the Department

20shall print on
its standard individual income tax form a 
 
 
HB1642- 2 -LRB097 08746 PJG 48875 b

1provision indicating that if the
taxpayer wishes to contribute 
2to the Habitat for Humanity Fund
as authorized by this 
3amendatory Act of the 97th General Assembly, he or she may do 
4so by stating
the amount of the contribution (not less than $1) 
5on the return and that the
contribution will reduce the 
6taxpayer's refund or increase the amount of the
payment to 
7accompany the return.  Failure to remit any amount of increased

8payment shall reduce the contribution accordingly.  This 
9Section shall not
apply to an amended return.
 

10    Section 99. Effective date. This Act takes effect upon 
11becoming law.