HB6328 98TH GENERAL ASSEMBLY

LRB098 23327 HLH 62403 b

98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014
HB6328

Introduced , by Rep. Dan Brady

SYNOPSIS AS INTRODUCED:

30 ILCS 105/5.866 new
35 ILCS 5/507DDD new

Amends the Illinois Income Tax Act. Creates an income tax checkoff to allow taxpayers to make contributions to the Illinois Women's Military and Civilian Memorial Fund. Provides that moneys in the Fund may be used by the Department of Veterans' Affairs to make grants for the purposes of (i) constructing an Illinois Women's Military and Civilian Memorial in Oak Ridge Cemetery, Springfield, Illinois, and (ii) compiling a registry of persons who are eligible for commemoration as part of the memorial. Amends the State Finance Act to create the Fund. Effective immediately.

FISCAL NOTE ACT MAY APPLY

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 State Finance Act is amended by adding Section 5.866 as follows:

(30 ILCS 105/5.866 new)

Sec. 5.866. The Illinois Women's Military and Civilian Memorial Fund.

Section 10. The Illinois Income Tax Act is amended by adding Section 507DDD as follows:

(35 ILCS 5/507DDD new)

Sec. 507DDD. Illinois Women's Military and Civilian Memorial Fund checkoff. For taxable years ending on or after December 31, 2014, 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 Women's Military and Civilian Memorial Fund, a special fund created in the State treasury, as authorized by this amendatory Act of the 98th General Assembly, 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.

Notwithstanding any other provision of law, moneys deposited into the Illinois Women's Military and Civilian Memorial Fund from contributions under this Section shall be used by the Department of Veterans' Affairs to make grants for the purposes of (i) constructing an Illinois Women's Military and Civilian Memorial in Oak Ridge Cemetery, Springfield, Illinois, and (ii) compiling a registry of persons who are eligible for commemoration as part of the memorial.

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