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IL HB3183
Bill
Status
2/25/2015
Primary Sponsor
Frances Hurley
Click for details
AI Summary
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Amends the Illinois Income Tax Act to create an income tax checkoff for contributions to the Special Olympics Illinois and Special Children's Charities Fund.
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Requires the Department to print a provision on standard individual income tax forms beginning with taxable years ending on or after December 31, 2016, allowing taxpayers to contribute to the fund.
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Allows taxpayers to contribute any amount of at least $1 to the fund by stating the contribution amount on their return.
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Contributions reduce the taxpayer's refund or increase the amount of payment owed; if the taxpayer fails to remit the full increased payment, the contribution is reduced accordingly.
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Takes effect immediately upon becoming law and does not apply to amended returns.
Legislative Description
INC TX-SPECIAL OLYMPICS
Last Action
Rule 19(a) / Re-referred to Rules Committee
3/27/2015