98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014
HB5910

 

Introduced , by Rep. Michael W. Tryon

 

SYNOPSIS AS INTRODUCED:
 
35 ILCS 5/224 new

    Amends the Illinois Income Tax Act. Provides that each individual taxpayer is entitled to a credit in an amount equal to any adoption fees paid by the taxpayer during the taxable year in connection with the adoption of a cat or dog from a county animal control facility, a humane society, or an animal rescue organization, but not to exceed $100 per taxpayer in any taxable year. Provides that the credit may not be claimed for more than 3 animals in a taxable year. Provides that the credit is exempt from the Act's automatic sunset provisions. Effective immediately.


LRB098 17847 HLH 52971 b

FISCAL NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB5910LRB098 17847 HLH 52971 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 Illinois Income Tax Act is amended by adding
5Section 224 as follows:
 
6    (35 ILCS 5/224 new)
7    Sec. 224. Pet adoption credit.
8    (a) Subject to the limitations set forth in this Section,
9for taxable years beginning on or after January 1, 2014, each
10individual taxpayer is entitled to a credit against the tax
11imposed by subsections (a) and (b) of Section 201 in an amount
12equal to any adoption fees paid by the taxpayer during the
13taxable year in connection with the adoption of a cat or dog
14from a county animal control facility, a humane society, or an
15animal rescue organization. The credit under this Section may
16not be claimed for more than 3 animals in a taxable year and
17may not exceed $100 per taxpayer in any taxable year.
18    (b) If the amount of the tax credit exceeds the taxpayer's
19tax liability for the year, the excess credit may be refunded
20to the taxpayer.
21    (c) This Section is exempt from the provisions of Section
22250.
 

 

 

HB5910- 2 -LRB098 17847 HLH 52971 b

1    Section 99. Effective date. This Act takes effect upon
2becoming law.