96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
HB6867

 

Introduced , by Rep. LaShawn K. Ford

 

SYNOPSIS AS INTRODUCED:
 
30 ILCS 105/5.777 new
30 ILCS 105/6z-82 new
35 ILCS 5/507UU new

    Amends the Illinois Income Tax Act. Creates a tax checkoff for the After-School Rescue Fund. Amends the State Finance Act to create the Fund. Provides that moneys in the Fund may be used by the Illinois State Board of Education for the making of grants to at-risk schools for the promotion of extracurricular and after-school programs. Effective immediately.


LRB096 22251 HLH 41117 b

FISCAL NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB6867 LRB096 22251 HLH 41117 b

1     AN ACT concerning revenue.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The State Finance Act is amended by adding
5 Sections 5.777 and 6z-82 as follows:
 
6     (30 ILCS 105/5.777 new)
7     Sec. 5.777. The After-School Rescue Fund.
 
8     (30 ILCS 105/6z-82 new)
9     Sec. 6z-82. After-School Rescue Fund; creation. The
10 After-School Rescue Fund is created as a special fund in the
11 State treasury. Moneys in the Fund shall be used by the
12 Illinois State Board of Education for the making of grants to
13 at-risk schools for the promotion of extracurricular and
14 after-school programs.
 
15     Section 10. The Illinois Income Tax Act is amended by
16 adding Section 507UU as follows:
 
17     (35 ILCS 5/507UU new)
18     Sec. 507UU. After-School Rescue Fund checkoff. For taxable
19 years ending on or after December 31, 2010, the Department must
20 print on its standard individual income tax form a provision

 

 

HB6867 - 2 - LRB096 22251 HLH 41117 b

1 (i) indicating that if the taxpayer wishes to contribute to the
2 After-School Rescue Fund, as authorized by this amendatory Act
3 of the 96th General Assembly, he or she may do so by stating
4 the amount of the contribution (not less than $1) on the return
5 and (ii) stating that the contribution will reduce the
6 taxpayer's refund or increase the amount of payment to
7 accompany the return. Failure to remit any amount of increased
8 payment shall reduce the contribution accordingly. This
9 Section does not apply to any amended return.
 
10     Section 99. Effective date. This Act takes effect upon
11 becoming law.