Public Act 093-0776
Public Act 0776 93RD GENERAL ASSEMBLY
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Public Act 093-0776
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| HB5157 Enrolled |
LRB093 19438 SJM 45176 b |
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| AN ACT concerning taxes.
| Be it enacted by the People of the State of Illinois,
| represented in the General Assembly:
| Section 5. The Department of Veterans Affairs Act is | amended by adding Section 2g as follows:
| (20 ILCS 2805/2g new) | Sec. 2g. The Illinois Veterans' Homes Fund. The Illinois | Veterans' Homes Fund is hereby created as a special fund in the | State treasury. From appropriations to the Department from the | Fund the Department shall purchase needed equipment and | supplies to enhance the lives of the residents at and to | enhance the operations of veterans' homes in Illinois.
| Section 10. The State Finance Act is amended by adding | Section 5.625 as follows:
| (30 ILCS 105/5.625 new) | Sec. 5.625. The Illinois Veterans' Homes Fund.
| Section 15. The Illinois Income Tax Act is amended by | changing Sections 509 and 510 and by adding Section 507DD as | follows:
| (35 ILCS 5/507DD new) | Sec. 507DD. The Illinois Veterans' Homes Fund checkoff. For | taxable years ending on or after December 31, 2004, the | Department
shall print on its standard individual income tax | form a provision indicating
that if the taxpayer wishes to | contribute to the Illinois Veterans' Homes Fund, as authorized | by this amendatory Act of the 93rd General Assembly, he or she | may do so by
stating the amount of the contribution (not less | than $1) on the return and
that the contribution will reduce |
| the taxpayer's refund or increase the amount
of payment to | accompany the return. Failure to remit any amount of increased
| payment shall reduce the contribution accordingly. This | Section shall not
apply to any amended return.
| (35 ILCS 5/509) (from Ch. 120, par. 5-509)
| Sec. 509. Tax checkoff explanations. All individual income | tax return forms
shall contain appropriate explanations and | spaces to enable the taxpayers to
designate contributions to | the following funds:
the Child Abuse Prevention Fund,
the | Illinois Wildlife Preservation Fund (as required by the | Illinois
Non-Game Wildlife Protection Act),
the Alzheimer's | Disease Research Fund (as required by the Alzheimer's
Disease | Research Act),
the Assistance to the Homeless Fund (as required | by this Act),
the Penny Severns Breast and Cervical Cancer | Research Fund,
the National World War II Memorial Fund,
the | Prostate Cancer Research Fund,
the Lou Gehrig's Disease (ALS) | Research Fund,
the Multiple Sclerosis Assistance Fund,
the | Leukemia Treatment and Education Fund,
the World War II | Illinois Veterans Memorial Fund,
the Korean War Veterans | National Museum and Library Fund,
to the Illinois Military | Family Relief Fund,
the Illinois Veterans' Homes Fund, and the | Asthma and Lung Research Fund.
| Each form shall contain a statement that the contributions | will reduce the
taxpayer's refund or increase the amount of | payment to accompany the return.
Failure to remit any amount of | increased payment shall reduce the contribution
accordingly.
| If, on October 1 of any year, the total contributions to | any one of the
funds made under this Section do not equal | $100,000 or more, the explanations
and spaces for designating | contributions to the fund shall be removed from the
individual | income tax return forms for the following and all subsequent | years
and all subsequent contributions to the fund shall be | refunded to the taxpayer.
| (Source: P.A. 92-84, eff. 7-1-02; 92-198, eff. 8-1-01; 92-651, | eff. 7-11-02;
92-772, eff. 8-6-02; 92-886, eff. 2-7-03; 93-36, |
| eff. 6-24-03; 93-131, eff.
7-10-03; 93-292, eff. 7-22-03; | 93-324, eff. 7-23-03; revised 9-8-03.)
| (35 ILCS 5/510) (from Ch. 120, par. 5-510)
| Sec. 510. Determination of amounts contributed. The | Department shall
determine the total amount contributed to each | of the following:
the Child Abuse Prevention Fund,
the Illinois | Wildlife Preservation Fund,
the Assistance to the Homeless | Fund,
the Alzheimer's Disease Research Fund,
the Penny Severns | Breast and Cervical Cancer Research Fund,
the National World | War II Memorial Fund,
the Prostate Cancer Research Fund, to
the | Illinois Military Family Relief Fund,
the Lou Gehrig's Disease | (ALS) Research Fund,
the Multiple Sclerosis Assistance Fund,
| the Leukemia Treatment and Education Fund,
the World War II | Illinois Veterans Memorial Fund,
the Korean War Veterans | National Museum and Library Fund, the Illinois Veterans' Homes | Fund, and
the Asthma and Lung Research Fund;
and shall notify | the State Comptroller and the State Treasurer of the amounts
to | be transferred from the General Revenue Fund to each fund, and | upon receipt
of such notification the State Treasurer and | Comptroller shall transfer the
amounts.
| (Source: P.A. 92-84, eff. 7-1-02; 92-198, eff. 8-1-01; 92-651, | eff. 7-11-02;
92-772, eff. 8-6-02; 92-886, eff. 2-7-03; 93-36, | eff. 6-24-03; 93-131, eff.
7-10-03; 93-292, eff. 7-22-03; | 93-324, eff. 7-23-03; revised 9-8-03.)
| Section 99. Effective date. This Act takes effect upon | becoming law.
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Effective Date: 7/21/2004
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