Full Text of HB2497 95th General Assembly
HB2497 95TH GENERAL ASSEMBLY
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95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008 HB2497
Introduced 2/26/2007, by Rep. Michael J. Madigan - Barbara Flynn Currie - John E. Bradley SYNOPSIS AS INTRODUCED: |
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35 ILCS 5/509 |
from Ch. 120, par. 5-509 |
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Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning tax checkoff explanations.
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A BILL FOR
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HB2497 |
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LRB095 00910 BDD 20912 b |
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| AN ACT concerning revenue.
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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 | 5 |
| changing Section 509 as follows:
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| (35 ILCS 5/509) (from Ch. 120, par. 5-509)
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| Sec. 509. Tax checkoff explanations. All individual income | 8 |
| tax return forms
shall contain appropriate explanations and
and
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| spaces to enable the taxpayers to
designate contributions to | 10 |
| the following funds:
the Child Abuse Prevention Fund,
the | 11 |
| Illinois Wildlife Preservation Fund (as required by the | 12 |
| Illinois
Non-Game Wildlife Protection Act),
the Alzheimer's | 13 |
| Disease Research Fund (as required by the Alzheimer's
Disease | 14 |
| Research Act),
the Assistance to the Homeless Fund (as required | 15 |
| by this Act),
the Penny Severns Breast and Cervical Cancer | 16 |
| Research Fund,
the National World War II Memorial Fund,
the | 17 |
| Prostate Cancer Research Fund,
the Lou Gehrig's Disease (ALS) | 18 |
| Research Fund,
the Multiple Sclerosis Assistance Fund,
the | 19 |
| Sarcoidosis Research Fund, the Leukemia Treatment and | 20 |
| Education Fund,
the World War II Illinois Veterans Memorial | 21 |
| Fund,
the Korean War Veterans National Museum and Library Fund,
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| the Illinois Military Family Relief Fund,
the Blindness | 23 |
| Prevention Fund, the Illinois Veterans' Homes Fund, the |
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HB2497 |
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LRB095 00910 BDD 20912 b |
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| Epilepsy Treatment and Education Grants-in-Aid Fund, the | 2 |
| Diabetes Research Checkoff Fund, the Vince Demuzio Memorial | 3 |
| Colon Cancer Fund, the Autism Research Fund, the Heartsaver AED | 4 |
| Fund, the Asthma and Lung Research Fund, and the Illinois Brain | 5 |
| Tumor Research Fund. | 6 |
| Each form shall contain a statement that the contributions | 7 |
| will reduce the
taxpayer's refund or increase the amount of | 8 |
| payment to accompany the return.
Failure to remit any amount of | 9 |
| increased payment shall reduce the contribution
accordingly.
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| If, on October 1 of any year, the total contributions to | 11 |
| any one of the
funds made under this Section do not equal | 12 |
| $100,000 or more, the explanations
and spaces for designating | 13 |
| contributions to the fund shall be removed from the
individual | 14 |
| income tax return forms for the following and all subsequent | 15 |
| years
and all subsequent contributions to the fund shall be | 16 |
| refunded to the taxpayer.
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| (Source: P.A. 93-36, eff. 6-24-03; 93-131, eff. 7-10-03; | 18 |
| 93-292, eff. 7-22-03; 93-324, eff. 7-23-03; 93-776, eff. | 19 |
| 7-21-04; 94-73, eff. 6-23-05; 94-107, eff. 7-1-05; 94-141, eff. | 20 |
| 1-1-06; 94-142, eff. 1-1-06; 94-442, eff. 8-4-05; 94-602, eff. | 21 |
| 8-16-05; 94-649, eff. 8-22-05; 94-876, eff. 6-19-06; revised | 22 |
| 8-3-06.)
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