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90_HB2195
35 ILCS 5/602 from Ch. 120, par. 6-602
Amends the Illinois Income Tax Act. Makes technical
changes in the Section concerning tentative payments.
LRB9000116KRkb
LRB9000116KRkb
1 AN ACT to amend the Illinois Income Tax Act by changing
2 Section 602.
3 Be it enacted by the People of the State of Illinois,
4 represented in the General Assembly:
5 Section 5. The Illinois Income Tax Act is amended by
6 changing Section 602 as follows:
7 (35 ILCS 5/602) (from Ch. 120, par. 6-602)
8 Sec. 602. Tentative Payments.
9 (a) In general. Pursuant to Section 505, the Department
10 may promulgate regulations to provide automatic extensions of
11 the time for filing a return. In connection with any other
12 extension provided under Section 505 of the time for filing a
13 return, the taxpayer shall file a tentative tax return and
14 pay, on or before the date prescribed by law for the filing
15 of the such return (determined without regard to any
16 extensions of time for such filing), the amount properly
17 estimated as his or her tax for the taxable year.
18 (b) Interest and Penalty. Interest and penalty on any
19 amount of tax due and unpaid for the period of any extension
20 shall be payable as provided by the Uniform Penalty and
21 Interest Act. However, if the taxpayer is a member, or, in
22 the case of a joint return, the spouse of a member, of the
23 United States Armed Forces serving in a combat zone and
24 subject to a filing extension in accordance with a
25 proclamation by the President of the United States under
26 pursuant to Section 7508 of the Internal Revenue Code, no
27 interest or penalty shall be applicable for the taxable year
28 ending on and after December 31, 1990.
29 (Source: P.A. 87-205; 87-339; 87-895.)