Rep. Lawrence M. Walsh, Jr.

Filed: 3/11/2015

 

 


 

 


 
09900HB0142ham001LRB099 03818 HLH 32298 a

1
AMENDMENT TO HOUSE BILL 142

2    AMENDMENT NO. ______. Amend House Bill 142 by replacing
3everything after the enacting clause with the following:
 
4    "Section 5. The State Finance Act is amended by adding
5Section 5.866 as follows:
 
6    (30 ILCS 105/5.866 new)
7    Sec. 5.866. The U.S.S. Illinois Commissioning Fund. This
8Section is repealed on December 31, 2017.
 
9    Section 10. The Illinois Income Tax Act is amended by
10adding Section 507DDD as follows:
 
11    (35 ILCS 5/507DDD new)
12    Sec. 507DDD. U.S.S. Illinois Commissioning Fund checkoff.
13For taxable years beginning on or after January 1, 2015 and
14ending on or before December 31, 2016, the Department must

 

 

09900HB0142ham001- 2 -LRB099 03818 HLH 32298 a

1print on its standard individual income tax form a provision
2(i) indicating that if the taxpayer wishes to contribute to the
3U.S.S. Illinois Commissioning Fund, a special fund created in
4the State treasury, for the purpose of donating to the U.S.S.
5Illinois Commissioning Committee, as authorized by this
6amendatory Act of the 99th General Assembly, he or she may do
7so by stating the amount of the contribution (not less than $1)
8on the return and (ii) stating that the contribution will
9reduce the taxpayer's refund or increase the amount of payment
10to accompany the return. Failure to remit any amount of
11increased payment shall reduce the contribution accordingly.
12Notwithstanding any other provision of law, moneys deposited
13into the U.S.S. Illinois Commissioning Fund from contributions
14under this Section shall be used by the Department of Military
15Affairs to make grants to the U.S.S. Illinois Commissioning
16Committee. This Section does not apply to any amended return.
17    This Section is repealed on December 31, 2017.
 
18    Section 99. Effective date. This Act takes effect upon
19becoming law.".