Sen. William E. Brady
Filed: 5/1/2014
 
 

 

 

 
09800SB2010sam001LRB098 06504 HLH 58953 a



1
AMENDMENT TO SENATE BILL 2010




2    AMENDMENT NO. ______. Amend Senate Bill 2010 by replacing 
3everything after the enacting clause with the following:

 
 
4    "Section 5. The Illinois Income Tax Act is amended  by 
5adding Section 507DDD as follows:
 
6    (35 ILCS 5/507DDD new)
7    Sec. 507DDD. President Barack Obama Presidential Library 
8and Museum checkoff.  For taxable
years ending on or after 
9December 31, 2014, the Department must
print on its standard 
10individual income tax form a provision
(i) indicating that if 
11the taxpayer wishes to contribute to the
Capital Development 
12Fund for the purposes of constructing a presidential library 
13and museum dedicated to the legacy of President Barack Obama, 
14as authorized by this amendatory Act of
the 98th General 
15Assembly, he or she may do so by stating the
amount of the 
16contribution (not less than $1) on the return and
(ii) stating 
 
 
09800SB2010sam001- 2 -LRB098 06504 HLH 58953 a

1that the contribution will reduce the taxpayer's refund or

2increase the amount of payment to accompany the return.  Failure

3to remit any amount of increased payment shall reduce the

4contribution accordingly. Notwithstanding any other provision 
5of law, moneys deposited into the Capital Development Fund from 
6contributions under this Section shall be used only for the 
7purposes of constructing a presidential library and museum 
8dedicated to the legacy of President Barack Obama, including 
9the repayment of bonded indebtedness incurred for those 
10purposes.  This Section does not apply to any
amended return.


 
11    Section 99. Effective date. This Act takes effect upon 
12becoming law.".