102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
HB4161

 

Introduced 10/19/2021, by Rep. Frances Ann Hurley

 

SYNOPSIS AS INTRODUCED:
 
30 ILCS 105/5.935 new
30 ILCS 105/6z-115 new
35 ILCS 5/507LLL new

    Amends the Illinois Income Tax Act. Creates an income tax checkoff for donations to the 100 Club of Illinois Fund. Amends the State Finance Act to create the Fund. Provides that moneys deposited into the Fund shall be used to make grants to the 100 Club of Illinois for services in Illinois. Effective immediately.


LRB102 20056 HLH 28892 b

 

 

A BILL FOR

 

HB4161LRB102 20056 HLH 28892 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 State Finance Act is amended by adding
5Sections 5.935 and 6z-115 as follows:
 
6    (30 ILCS 105/5.935 new)
7    Sec. 5.935. The 100 Club of Illinois Fund.
 
8    (30 ILCS 105/6z-115 new)
9    Sec. 6z-115. The 100 Club of Illinois Fund; creation. The
10100 Club of Illinois Fund is created as a special fund in the
11State treasury. Subject to appropriation, moneys in the Fund
12shall be used to make grants to the 100 Club of Illinois, a
13not-for-profit charitable organization that provides resources
14to the families of first responders killed in the line of duty
15and active duty first responders.
 
16    Section 10. The Illinois Income Tax Act is amended by
17adding Section 507LLL as follows:
 
18    (35 ILCS 5/507LLL new)
19    Sec. 507LLL. The 100 Club of Illinois Fund checkoff. For
20taxable years ending on or after December 31, 2022, the

 

 

HB4161- 2 -LRB102 20056 HLH 28892 b

1Department must print on its standard individual income tax
2form a provision (i) indicating that if the taxpayer wishes to
3contribute to the 100 Club of Illinois Fund, he or she may do
4so by stating the amount of the contribution (not less than $1)
5on the return and (ii) stating that the contribution will
6reduce the taxpayer's refund or increase the amount of payment
7to accompany the return. Failure to remit any amount of
8increased payment shall reduce the contribution accordingly.
9This Section does not apply to any amended return.
 
10    Section 99. Effective date. This Act takes effect upon
11becoming law.