99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016
HB3410

 

Introduced , by Rep. Stephanie A. Kifowit

 

SYNOPSIS AS INTRODUCED:
 
35 ILCS 5/509  from Ch. 120, par. 5-509
35 ILCS 5/509.1

    Amends the Illinois Income Tax Act. Provides that the Department shall include the Veterans' Homes Fund checkoff on the individual income tax form for each taxable year beginning on or after January 1, 2015. Provides that the Veterans' Homes Fund checkoff shall not be included when calculating the 15 tax-checkoff fund limitation. Effective immediately.


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FISCAL NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB3410LRB099 06743 HLH 26817 b

1    AN ACT concerning revenue.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Illinois Income Tax Act is amended by
5changing Sections 509 and 509.1 as follows:
 
6    (35 ILCS 5/509)  (from Ch. 120, par. 5-509)
7    Sec. 509. Tax checkoff explanations.
8    (a) All individual income tax return forms shall contain
9appropriate explanations and spaces to enable the taxpayers to
10designate contributions to the funds to which contributions may
11be made under this Article 5.
12    (b) Each form shall contain a statement that the
13contributions will reduce the taxpayer's refund or increase the
14amount of payment to accompany the return. Failure to remit any
15amount of increased payment shall reduce the contribution
16accordingly.
17    (c) If, on October 1 of any year, the total contributions
18to any one of the funds made under this Article 5 do not equal
19$100,000 or more, the explanations and spaces for designating
20contributions to the fund shall be removed from the individual
21income tax return forms for the following and all subsequent
22years and all subsequent contributions to the fund shall be
23refunded to the taxpayer. This contribution requirement does

 

 

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1not apply to the Diabetes Research Checkoff Fund checkoff
2contained in Section 507GG of this Act or the Veterans' Homes
3Fund checkoff contained in Section 507DD of this Act.
4    (d) Notwithstanding any other provision of law, the
5Department shall include the Hunger Relief Fund checkoff
6established under Section 507SS on the individual income tax
7form for the taxable year beginning on January 1, 2012. If, on
8October 1, 2013, or on October 1 of any subsequent year, the
9total contributions to the Hunger Relief Fund checkoff do not
10equal $100,000 or more, the explanations and spaces for
11designating contributions to the fund shall be removed from the
12individual income tax return forms for the following and all
13subsequent years and all subsequent contributions to the fund
14shall be refunded to the taxpayer.
15    (e) Notwithstanding any other provision of law, the
16Department shall include the Veterans' Homes Fund checkoff
17established under Section 507DD on the individual income tax
18form for each taxable year beginning on or after January 1,
192015.
20(Source: P.A. 96-328, eff. 8-11-09; 97-1117, eff. 8-27-12.)
 
21    (35 ILCS 5/509.1)
22    Sec. 509.1. Removal of excess tax-checkoff funds.
23Notwithstanding any provisions of this Act to the contrary,
24beginning on the effective date of this amendatory Act of the
2595th General Assembly, there may not be more than 15

 

 

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1tax-checkoff funds contained on the individual tax return form
2at any one time. Each year, the Department shall determine
3whether the sum of (i) the number of new tax-checkoff funds
4created by the General Assembly during that year plus (ii) the
5number of tax-checkoff funds that collected at least $100,000
6during the previous year exceeds 15. If so, then the Department
7shall remove a number of tax-checkoff funds that were on the
8return during the previous year that is equal to the sum of
9items (i) and (ii) minus 15, starting with the tax-checkoff
10fund that received the least amount of contributions and
11working upward until a sufficient number of funds have been
12removed. The Hunger Relief Fund checkoff established under
13Section 507SS shall be included among the 15 tax-checkoff funds
14as provided in subsection (d) of Section 509 of this Act.
15    For taxable years ending on or after December 31, 2012, the
16Diabetes Research Checkoff Fund checkoff contained in Section
17507GG of this Act shall be included on the individual tax
18return form notwithstanding the provisions of this Section. The
19Diabetes Research Checkoff Fund checkoff shall not be included
20when calculating the 15 tax-checkoff fund limitation set forth
21in this Section.
22    The Veterans' Homes Fund checkoff established under
23Section 507DD shall not be included when calculating the 15
24tax-checkoff fund limitation set forth in this Section.
25(Source: P.A. 97-1117, eff. 8-27-12.)
 
26    Section 99. Effective date. This Act takes effect upon

 

 

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1becoming law.