Full Text of HB5157 93rd General Assembly
HB5157enr 93RD GENERAL ASSEMBLY
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HB5157 Enrolled |
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LRB093 19438 SJM 45176 b |
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| AN ACT concerning taxes.
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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 Department of Veterans Affairs Act is | 5 |
| amended by adding Section 2g as follows: | 6 |
| (20 ILCS 2805/2g new) | 7 |
| Sec. 2g. The Illinois Veterans' Homes Fund. The Illinois | 8 |
| Veterans' Homes Fund is hereby created as a special fund in the | 9 |
| State treasury. From appropriations to the Department from the | 10 |
| Fund the Department shall purchase needed equipment and | 11 |
| supplies to enhance the lives of the residents at and to | 12 |
| enhance the operations of veterans' homes in Illinois. | 13 |
| Section 10. The State Finance Act is amended by adding | 14 |
| Section 5.625 as follows: | 15 |
| (30 ILCS 105/5.625 new) | 16 |
| Sec. 5.625. The Illinois Veterans' Homes Fund. | 17 |
| Section 15. The Illinois Income Tax Act is amended by | 18 |
| changing Sections 509 and 510 and by adding Section 507DD as | 19 |
| follows: | 20 |
| (35 ILCS 5/507DD new) | 21 |
| Sec. 507DD. The Illinois Veterans' Homes Fund checkoff. For | 22 |
| taxable years ending on or after December 31, 2004, the | 23 |
| Department
shall print on its standard individual income tax | 24 |
| form a provision indicating
that if the taxpayer wishes to | 25 |
| contribute to the Illinois Veterans' Homes Fund, as authorized | 26 |
| by this amendatory Act of the 93rd General Assembly, he or she | 27 |
| may do so by
stating the amount of the contribution (not less | 28 |
| than $1) on the return and
that the contribution will reduce |
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HB5157 Enrolled |
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LRB093 19438 SJM 45176 b |
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| the taxpayer's refund or increase the amount
of payment to | 2 |
| accompany the return. Failure to remit any amount of increased
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| payment shall reduce the contribution accordingly. This | 4 |
| Section shall not
apply to any amended return.
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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 | 7 |
| tax return forms
shall contain appropriate explanations and | 8 |
| spaces to enable the taxpayers to
designate contributions to | 9 |
| the following funds:
the Child Abuse Prevention Fund,
the | 10 |
| Illinois Wildlife Preservation Fund (as required by the | 11 |
| Illinois
Non-Game Wildlife Protection Act),
the Alzheimer's | 12 |
| Disease Research Fund (as required by the Alzheimer's
Disease | 13 |
| Research Act),
the Assistance to the Homeless Fund (as required | 14 |
| by this Act),
the Penny Severns Breast and Cervical Cancer | 15 |
| Research Fund,
the National World War II Memorial Fund,
the | 16 |
| Prostate Cancer Research Fund,
the Lou Gehrig's Disease (ALS) | 17 |
| Research Fund,
the Multiple Sclerosis Assistance Fund,
the | 18 |
| Leukemia Treatment and Education Fund,
the World War II | 19 |
| Illinois Veterans Memorial Fund,
the Korean War Veterans | 20 |
| National Museum and Library Fund,
to the Illinois Military | 21 |
| Family Relief Fund,
the Illinois Veterans' Homes Fund, and the | 22 |
| Asthma and Lung Research Fund.
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| Each form shall contain a statement that the contributions | 24 |
| will reduce the
taxpayer's refund or increase the amount of | 25 |
| payment to accompany the return.
Failure to remit any amount of | 26 |
| increased payment shall reduce the contribution
accordingly.
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| If, on October 1 of any year, the total contributions to | 28 |
| any one of the
funds made under this Section do not equal | 29 |
| $100,000 or more, the explanations
and spaces for designating | 30 |
| contributions to the fund shall be removed from the
individual | 31 |
| income tax return forms for the following and all subsequent | 32 |
| years
and all subsequent contributions to the fund shall be | 33 |
| refunded to the taxpayer.
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| (Source: P.A. 92-84, eff. 7-1-02; 92-198, eff. 8-1-01; 92-651, | 35 |
| eff. 7-11-02;
92-772, eff. 8-6-02; 92-886, eff. 2-7-03; 93-36, |
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HB5157 Enrolled |
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LRB093 19438 SJM 45176 b |
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| eff. 6-24-03; 93-131, eff.
7-10-03; 93-292, eff. 7-22-03; | 2 |
| 93-324, eff. 7-23-03; revised 9-8-03.)
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| (35 ILCS 5/510) (from Ch. 120, par. 5-510)
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| Sec. 510. Determination of amounts contributed. The | 5 |
| Department shall
determine the total amount contributed to each | 6 |
| of the following:
the Child Abuse Prevention Fund,
the Illinois | 7 |
| Wildlife Preservation Fund,
the Assistance to the Homeless | 8 |
| Fund,
the Alzheimer's Disease Research Fund,
the Penny Severns | 9 |
| Breast and Cervical Cancer Research Fund,
the National World | 10 |
| War II Memorial Fund,
the Prostate Cancer Research Fund, to
the | 11 |
| Illinois Military Family Relief Fund,
the Lou Gehrig's Disease | 12 |
| (ALS) Research Fund,
the Multiple Sclerosis Assistance Fund,
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| the Leukemia Treatment and Education Fund,
the World War II | 14 |
| Illinois Veterans Memorial Fund,
the Korean War Veterans | 15 |
| National Museum and Library Fund, the Illinois Veterans' Homes | 16 |
| Fund, and
the Asthma and Lung Research Fund;
and shall notify | 17 |
| the State Comptroller and the State Treasurer of the amounts
to | 18 |
| be transferred from the General Revenue Fund to each fund, and | 19 |
| upon receipt
of such notification the State Treasurer and | 20 |
| Comptroller shall transfer the
amounts.
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| (Source: P.A. 92-84, eff. 7-1-02; 92-198, eff. 8-1-01; 92-651, | 22 |
| eff. 7-11-02;
92-772, eff. 8-6-02; 92-886, eff. 2-7-03; 93-36, | 23 |
| eff. 6-24-03; 93-131, eff.
7-10-03; 93-292, eff. 7-22-03; | 24 |
| 93-324, eff. 7-23-03; revised 9-8-03.)
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| Section 99. Effective date. This Act takes effect upon | 26 |
| becoming law.
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