SB1779 - 104th General Assembly

INC TX-100 CLUB FUND
Last Action
2/06/2025 - Senate: Referred to Assignments
Senate Sponsors
Sen. Jil Tracy
Statutes Amended In Order of Appearance
35 ILCS 5/509from Ch. 120, par. 5-509
Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that the Department of Revenue shall include the 100 Club of Illinois Fund checkoff on the individual income tax form for the taxable year beginning on January 1, 2025. Provides that, if, on October 1, 2026, or on October 1 of any subsequent year, the total contributions to the 100 Club of Illinois Fund checkoff do not equal $100,000 or more, the explanations and spaces for designating contributions to the fund shall be removed from the individual income tax return forms for the following and all subsequent years and all subsequent contributions to the fund shall be refunded to the taxpayer. Effective immediately.
Actions
Date Chamber Action
2/06/2025 Senate Filed with Secretary by Sen. Jil Tracy
2/06/2025 Senate First Reading
2/06/2025 Senate Referred to Assignments