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IL HB3038
Bill
Status
Introduced
2/6/2025
Primary Sponsor
Janet Yang Rohr
Click for details
AI Summary
- Creates the Illinois Youth and Government Fund as a special fund in the State treasury
- Directs the Department of Commerce and Economic Opportunity to use fund moneys to make grants supporting the Illinois YMCA Youth and Government program
- Establishes an income tax checkoff allowing individual taxpayers to contribute a minimum of $1 to the fund, starting with taxable years ending on or after December 31, 2025
- Contributions reduce the taxpayer's refund or increase the amount owed with the return; the checkoff does not apply to amended returns
- Takes effect immediately upon becoming law
Legislative Description
INC TX-YOUTH AND GOVERNMENT
Last Action
Rule 19(a) / Re-referred to Rules Committee
3/21/2025
Committee Referrals
Rules3/21/2025
Tax Policy: Income Tax3/6/2025
Revenue & Finance3/4/2025
Rules2/6/2025
Full Bill Text
No bill text available