98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014
HB1449
 
Introduced , by Rep. Arthur Turner
 
SYNOPSIS AS INTRODUCED:
 

 
30 ILCS 105/5.826 new
30 ILCS 105/6z-98 new
35 ILCS 5/507DDD new

     Amends the Illinois Income Tax Act.  Creates the American Red Cross Support Fund checkoff.  Amends the State Finance Act to create the Fund.  Provides that moneys in the Fund shall be appropriated to the
Illinois Emergency Management Agency for the purpose of making grants
to the American Red Cross.  Provides that moneys in the Fund are not subject to sweeps or administrative charges or charge-backs.  Effective immediately.
  


LRB098 08565 HLH 38681 b

FISCAL NOTE ACT MAY APPLY
 
 
A BILL FOR
 

  
HB1449LRB098 08565 HLH 38681 b


  
1    AN ACT concerning revenue.
  
 
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 5.826 and 6z-98 as follows:
 
6    (30 ILCS 105/5.826 new)
7    Sec. 5.826. The American Red Cross Support Fund.
 
8    (30 ILCS 105/6z-98 new)
9    Sec. 6z-98. The American Red Cross Support Fund; creation.  
10The
American Red Cross Support Fund is created as a special 
11fund in the
State treasury. Moneys in the Fund shall be 
12appropriated to the
Illinois Emergency Management Agency and 
13may be used only for the purpose of making grants
to the 
14American Red Cross.  Moneys shall be distributed to American Red 
15Cross chapters serving Illinois.  Moneys in the Fund are not 
16subject to sweeps or administrative charges or charge-backs.
 
17    Section 10. The Illinois Income Tax Act is amended  by 
18adding Section 507DDD as follows:
 
19    (35 ILCS 5/507DDD new)
20    Sec. 507DDD. The American Red Cross Support Fund checkoff.  
 
 
HB1449- 2 -LRB098 08565 HLH 38681 b

1For taxable years ending on or after December 31, 2013, the 
2Department shall print, on its standard individual income tax 
3form, a provision indicating that, if the taxpayer wishes to 
4contribute to the American Red Cross Support Fund, as 
5authorized by this amendatory Act of the 98th General Assembly, 
6then he or she may do so by stating the amount of the 
7contribution (not less than $1) on the return and indicating 
8that the contribution will reduce the taxpayer's refund or 
9increase the amount of payment to accompany the return. The 
10taxpayer's failure to remit any amount of the increased payment 
11reduces the contribution accordingly. This Section does not 
12apply to any amended return.
 
 
13    Section 99. Effective date. This Act takes effect upon 
14becoming law.