Bill Text: IL HB1449 | 2013-2014 | 98th General Assembly | Introduced

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Bill Title: Amends the Illinois Income Tax Act. Creates the American Red Cross Support Fund checkoff. Amends the State Finance Act to create the Fund. Provides that moneys in the Fund shall be appropriated to the Illinois Emergency Management Agency for the purpose of making grants to the American Red Cross. Provides that moneys in the Fund are not subject to sweeps or administrative charges or charge-backs. Effective immediately.

Spectrum: Moderate Partisan Bill (Democrat 5-1)

Status: (Failed) 2014-12-03 - Session Sine Die [HB1449 Detail]

Download: Illinois-2013-HB1449-Introduced.html

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98TH GENERAL ASSEMBLY State of Illinois 2013 and 2014 HB1449 Introduced , by Rep. Arthur Turner SYNOPSIS AS INTRODUCED:
30 ILCS 105/5.826 new
30 ILCS 105/6z-98 new
35 ILCS 5/507DDD new
Amends the Illinois Income Tax Act. Creates the American Red Cross Support Fund checkoff. Amends the State Finance Act to create the Fund. Provides that moneys in the Fund shall be appropriated to the Illinois Emergency Management Agency for the purpose of making grants to the American Red Cross. Provides that moneys in the Fund are not subject to sweeps or administrative charges or charge-backs. Effective immediately.
LRB098 08565 HLH 38681 b
FISCAL NOTE ACT MAY APPLY
A BILL FOR
HB1449 LRB098 08565 HLH 38681 b
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
Sections 5.826 and 6z-98 as follows:
(30 ILCS 105/5.826 new)
Sec. 5.826. The American Red Cross Support Fund.
(30 ILCS 105/6z-98 new)
Sec. 6z-98. The American Red Cross Support Fund; creation.
The American Red Cross Support Fund is created as a special
fund in the State treasury. Moneys in the Fund shall be
appropriated to the Illinois Emergency Management Agency and
may be used only for the purpose of making grants to the
American Red Cross. Moneys shall be distributed to American Red
Cross chapters serving Illinois. Moneys in the Fund are not
subject to sweeps or administrative charges or charge-backs.
Section 10. The Illinois Income Tax Act is amended by
adding Section 507DDD as follows:
(35 ILCS 5/507DDD new)
Sec. 507DDD. The American Red Cross Support Fund checkoff.

HB1449 - 2 - LRB098 08565 HLH 38681 b
For taxable years ending on or after December 31, 2013, the
Department shall print, on its standard individual income tax
form, a provision indicating that, if the taxpayer wishes to
contribute to the American Red Cross Support Fund, as
authorized by this amendatory Act of the 98th General Assembly,
then he or she may do so by stating the amount of the
contribution (not less than $1) on the return and indicating
that the contribution will reduce the taxpayer's refund or
increase the amount of payment to accompany the return. The
taxpayer's failure to remit any amount of the increased payment
reduces the contribution accordingly. This Section does not
apply to any amended return.
Section 99. Effective date. This Act takes effect upon
becoming law.