HB3417 95TH GENERAL ASSEMBLY

LRB095 09361 BDD 29556 b

95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
HB3417

Introduced 2/27/2007, by Rep. Ron Stephens

SYNOPSIS AS INTRODUCED:

10 ILCS 5/22-20 new
35 ILCS 5/218 new
30 ILCS 805/8.31 new

Amends the Election Code and the Illinois Income Tax Act. Creates a tax credit, for taxable years ending on or after December 31, 2008 and on or before December 30, 2013, for individual taxpayers who, during the taxable year, vote in a general primary or general election. Provides that the amount of the credit is $50. Provides that the credit may not be carried forward or back and may not reduce the taxpayer's liability to less than zero. Requires each election authority must mail, to each person who voted in a general primary or general election in the previous year for verification of eligibility for the tax credit. Amends the State Mandates Act to require implementation without reimbursement.

FISCAL NOTE ACT MAY APPLY

STATE MANDATES ACT MAY REQUIRE REIMBURSEMENT

A BILL FOR

AN ACT concerning revenue.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Election Code is amended by adding Section 22-20 as follows:

(10 ILCS 5/22-20 new)

Sec. 22-20. Mailing of tax credit certificates. On or before February 15 of each year, each election authority must mail, to each person who voted in a general primary or general election in the previous year, a tax credit certificate for the purposes of the credit set forth under Section 218 of the Illinois Income Tax Act. The certificate must be in the form and manner required by the Department of Revenue, in cooperation with the State Board of Elections.

Section 10. The Illinois Income Tax Act is amended by adding Section 218 as follows:

(35 ILCS 5/218 new)

Sec. 218. Credit for voting.

(a) For taxable years ending on or after December 31, 2008 and on or before December 30, 2013, each individual taxpayer who, during the taxable year, voted in a general primary or general election is entitled to a credit against the tax imposed under subsections (a) and (b) of Section 201 in an amount equal of $50.

(b) To receive the credit under this Section, the taxpayer must submit with his or her tax return the tax credit certificate received from the election authority under Section 22-20 of the Election Code. The Department, in cooperation with the State Board of Elections, must adopt rules for the administration of this Section, including the form of the tax credit certificate.

(c) The credit under this Section may not be carried forward or back and may not reduce the taxpayer's liability to less than zero.

Section 90. The State Mandates Act is amended by adding Section 8.31 as follows:

(30 ILCS 805/8.31 new)

Sec. 8.31. Exempt mandate. Notwithstanding Sections 6 and 8 of this Act, no reimbursement by the State is required for the implementation of any mandate created by this amendatory Act of the 95th General Assembly.