Illinois General Assembly - Full Text of HB3038

LRB104 09607 HLH 19672 b

104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026
HB3038

Introduced 2/6/2025, by Rep. Janet Yang Rohr

SYNOPSIS AS INTRODUCED:

35 ILCS 5/507MMM new
30 ILCS 105/5.1030 new

Amends the Illinois Income Tax Act. Creates the Illinois Youth and Government Fund. Provides that moneys in the Illinois Youth and Government Fund shall be used by the Department of Commerce and Economic Opportunity to make grants to support the Illinois YMCA Youth and Government program. Creates an income tax checkoff for contributions to the Illinois Youth and Government Fund. Amends the State Finance Act to make conforming changes. Effective immediately.

A BILL FOR

AN ACT concerning revenue.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Illinois Income Tax Act is amended by adding Section 507MMM as follows:

(35 ILCS 5/507MMM new)

Sec. 507MMM. Illinois Youth and Government checkoff.

(a) The Illinois Youth and Government Fund is hereby created as a special fund in the State treasury. Moneys in the Fund shall be used by the Department of Commerce and Economic Opportunity to make grants to support the Illinois YMCA Youth and Government program.

(b) For taxable years ending on or after December 31, 2025, the Department must print on its standard individual income tax form a provision (i) indicating that if the taxpayer wishes to contribute to the Illinois Youth and Government Fund, he or she may do so by stating the amount of the contribution (not less than $1) on the return and (ii) stating 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 does not apply to any amended return.

Section 10. The State Finance Act is amended by adding Section 5.1030 as follows:

(30 ILCS 105/5.1030 new)

Sec. 5.1030. The Illinois Youth and Government Fund.

Section 99. Effective date. This Act takes effect upon becoming law.