Bill Text: IL HB1525 | 2009-2010 | 96th General Assembly | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Amends the Illinois Income Tax Act. Makes a technical change and a revisory change in a Section concerning tax checkoff explanations.
Spectrum: Slight Partisan Bill (Democrat 5-2)
Status: (Engrossed - Dead) 2010-12-02 - Referred to Assignments [HB1525 Detail]
Download: Illinois-2009-HB1525-Introduced.html
Bill Title: Amends the Illinois Income Tax Act. Makes a technical change and a revisory change in a Section concerning tax checkoff explanations.
Spectrum: Slight Partisan Bill (Democrat 5-2)
Status: (Engrossed - Dead) 2010-12-02 - Referred to Assignments [HB1525 Detail]
Download: Illinois-2009-HB1525-Introduced.html
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1 | AN ACT concerning revenue.
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2 | Be it enacted by the People of the State of Illinois,
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3 | represented in the General Assembly:
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4 | Section 5. The Illinois Income Tax Act is amended by | |||||||||||||||||||
5 | changing Section 509 as follows:
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6 | (35 ILCS 5/509) (from Ch. 120, par. 5-509)
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7 | Sec. 509. Tax checkoff explanations. All individual income | |||||||||||||||||||
8 | tax return forms
shall contain appropriate explanations and and | |||||||||||||||||||
9 | spaces to enable the taxpayers to
designate contributions to | |||||||||||||||||||
10 | the funds to which contributions may be made under this Article | |||||||||||||||||||
11 | 5. the Healthy Smiles Fund,
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12 | Each form shall contain a statement that the contributions | |||||||||||||||||||
13 | will reduce the
taxpayer's refund or increase the amount of | |||||||||||||||||||
14 | payment to accompany the return.
Failure to remit any amount of | |||||||||||||||||||
15 | increased payment shall reduce the contribution
accordingly.
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16 | If, on October 1 of any year, the total contributions to | |||||||||||||||||||
17 | any one of the
funds made under this Article 5 do not equal | |||||||||||||||||||
18 | $100,000 or more, the explanations
and spaces for designating | |||||||||||||||||||
19 | contributions to the fund shall be removed from the
individual | |||||||||||||||||||
20 | income tax return forms for the following and all subsequent | |||||||||||||||||||
21 | years
and all subsequent contributions to the fund shall be | |||||||||||||||||||
22 | refunded to the taxpayer.
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23 | (Source: P.A. 94-73, eff. 6-23-05; 94-107, eff. 7-1-05; 94-141, |
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1 | eff. 1-1-06; 94-142, eff. 1-1-06; 94-442, eff. 8-4-05; 94-602, | ||||||
2 | eff. 8-16-05; 94-649, eff. 8-22-05; 94-876, eff. 6-19-06; | ||||||
3 | 95-331, eff. 8-21-07; 95-434, eff. 8-27-07; 95-435, eff. | ||||||
4 | 8-27-07; 95-940, eff. 8-29-08; revised 9-25-08.)
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