100TH GENERAL ASSEMBLY
State of Illinois
2017 and 2018
HB3568

 

Introduced , by Rep. Cynthia Soto

 

SYNOPSIS AS INTRODUCED:
 
30 ILCS 105/5.878 new
30 ILCS 105/6z-102 new
35 ILCS 5/507GGG new

    Amends the Illinois Income Tax Act. Creates an income tax checkoff for the Alzheimer's Research Tax Checkoff Fund. Amends the State Finance Act to create the Fund. Provides that moneys in the Fund shall be used by the Department on Aging for the purpose of making grants to associations and entities that conduct research concerning Alzheimer's disease, provide services to individuals and families impacted by Alzheimer's disease, or both. Effective immediately.


LRB100 10226 HLH 20409 b

FISCAL NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB3568LRB100 10226 HLH 20409 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 5.878 and 6z-102 as follows:
 
6    (30 ILCS 105/5.878 new)
7    Sec. 5.878. The Alzheimer's Research Tax Checkoff Fund.
 
8    (30 ILCS 105/6z-102 new)
9    Sec. 6z-102. The Alzheimer's Research Tax Checkoff Fund;
10creation. The Alzheimer's Association Research Tax Checkoff
11Fund is created as a special fund in the State treasury. Moneys
12in the Fund shall be used by the Department on Aging for the
13purpose of making grants to associations and entities that
14conduct research concerning Alzheimer's disease, provide
15services to individuals and families impacted by Alzheimer's
16disease, or both.
 
17    Section 10. The Illinois Income Tax Act is amended by
18adding Section 507GGG as follows:
 
19    (35 ILCS 5/507GGG new)
20    Sec. 507GGG. Alzheimer's checkoff. For taxable years

 

 

HB3568- 2 -LRB100 10226 HLH 20409 b

1ending on or after December 31, 2017, the Department must print
2on its standard individual income tax form a provision (i)
3indicating that if the taxpayer wishes to contribute to the
4Alzheimer's Research Tax Checkoff Fund, as authorized by this
5amendatory Act of the 100th General Assembly, he or she may do
6so by stating the amount of the contribution (not less than $1)
7on the return and (ii) stating that the contribution will
8reduce the taxpayer's refund or increase the amount of payment
9to accompany the return. Failure to remit any amount of
10increased payment shall reduce the contribution accordingly.
11This Section does not apply to any amended return.
 
12    Section 99. Effective date. This Act takes effect upon
13becoming law.