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96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010 HB4168
Introduced 2/27/2009, by Rep. Gary Hannig SYNOPSIS AS INTRODUCED: |
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35 ILCS 5/507SS new |
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30 ILCS 105/5.719 new |
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30 ILCS 105/6z-76 new |
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Amends the State Finance Act. Creates the Illinois Route 66 Fund as a special fund in the State treasury. Provides that, from appropriations to the Department of Commerce and Economic Opportunity from the Fund, the Department shall make grants to not-for-profit corporations that have a statewide impact on Illinois Route 66. Amends the Illinois Income Tax Act. Creates a tax checkoff for the Illinois Route 66 Fund and to create the Fund. Effective immediately.
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| FISCAL NOTE ACT MAY APPLY | |
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A BILL FOR
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HB4168 |
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LRB096 11743 HLH 22499 b |
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| AN ACT concerning finance.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 5. The Illinois Income Tax Act is amended by adding |
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| Section 507SS as follows: |
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| (35 ILCS 5/507SS new)
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| Sec. 507SS. The Illinois Route 66 checkoff. For taxable |
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| years ending on or after December 31, 2009, the Department |
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| shall print, on its standard individual income tax form, a |
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| provision indicating that, if the taxpayer wishes to contribute |
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| to the Illinois Route 66 Fund, as authorized by this amendatory |
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| Act of the 96th General Assembly, then he or she may do so by |
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| stating the amount of the contribution (not less than $1) on |
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| the return and indicating that the contribution will reduce the |
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| taxpayer's refund or increase the amount of payment to |
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| accompany the return. The taxpayer's failure to remit any |
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| amount of the increased payment reduces the contribution |
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| accordingly. This Section does not apply to any amended return.
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| Section 10. The State Finance Act is amended by adding |
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| Sections 5.719 and 6z-76 as follows: |
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| (30 ILCS 105/5.719 new) |