Illinois Senate Bill 1779: INC TX-100 CLUB FUND

Illinois · 104th session

What it does

Amends the Illinois Income Tax Act. Provides that the Department of Revenue shall include the 100 Club of Illinois Fund checkoff on the individual income tax form for the taxable year beginning on January 1, 2025. Provides that, if, on October 1, 2026, or on October 1 of any subsequent year, the total contributions to the 100 Club of Illinois Fund checkoff do not equal $100,000 or more, the explanations and spaces for designating contributions to the fund shall be removed from the individual income tax return forms for the following and all subsequent years and all subsequent contributions to the fund shall be refunded to the taxpayer. Effective immediately.

Latest action

Referred to Assignments (2025-02-06)

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