Bill Text: IL HB0143 | 2015-2016 | 99th General Assembly | Introduced
Bill Title: Amends the Illinois Income Tax Act. Creates a tax checkoff for the Illinois DREAM Fund. Amends the Higher Education Student Assistance Act to provide that moneys from the checkoff may be received by the Fund. Effective immediately.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2016-04-08 - Rule 19(a) / Re-referred to Rules Committee [HB0143 Detail]
Download: Illinois-2015-HB0143-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 adding | ||||||||||||||||||||||||||
5 | Section 507DDD as follows:
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6 | (35 ILCS 5/507DDD new) | ||||||||||||||||||||||||||
7 | Sec. 507DDD. Illinois DREAM Fund checkoff. For taxable | ||||||||||||||||||||||||||
8 | years ending on or after December 31, 2015, the Department | ||||||||||||||||||||||||||
9 | shall print on its standard individual income tax form a | ||||||||||||||||||||||||||
10 | provision indicating that if the taxpayer wishes to contribute | ||||||||||||||||||||||||||
11 | to the Illinois DREAM Fund created under Section 67 of the | ||||||||||||||||||||||||||
12 | Higher Education Student Assistance Act, as authorized by this | ||||||||||||||||||||||||||
13 | amendatory Act of the 99th General Assembly, he or she may do | ||||||||||||||||||||||||||
14 | so by stating the amount of the contribution (not less than $1) | ||||||||||||||||||||||||||
15 | on the return, and that the contribution will reduce the | ||||||||||||||||||||||||||
16 | taxpayer's refund or increase the amount of payment to | ||||||||||||||||||||||||||
17 | accompany the return. Failure to remit any amount of increased | ||||||||||||||||||||||||||
18 | payment shall reduce the contribution accordingly. This | ||||||||||||||||||||||||||
19 | Section shall not apply to any amended return.
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20 | Section 10. The Higher Education Student Assistance Act is | ||||||||||||||||||||||||||
21 | amended by changing Section 67 as follows:
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1 | (110 ILCS 947/67) | ||||||
2 | Sec. 67. Illinois DREAM Fund Commission. | ||||||
3 | (a) The Illinois Student Assistance Commission shall | ||||||
4 | establish an Illinois DREAM Fund Commission. The Governor shall | ||||||
5 | appoint, with the advice and consent of the Senate, members to | ||||||
6 | the Illinois DREAM Fund Commission, which shall be comprised of | ||||||
7 | 9 members representing the geographic and ethnic diversity of | ||||||
8 | this State, including students, college and university | ||||||
9 | administrators and faculty, and other individuals committed to | ||||||
10 | advancing the educational opportunities of the children of | ||||||
11 | immigrants. | ||||||
12 | (b) The Illinois DREAM Fund Commission is charged with all | ||||||
13 | of the following responsibilities: | ||||||
14 | (1) Administering this Section and raising funds for | ||||||
15 | the Illinois DREAM Fund. | ||||||
16 | (2) Establishing a not-for-profit entity charged with | ||||||
17 | raising funds for the administration of this Section, any | ||||||
18 | educational or training programs the Commission is tasked | ||||||
19 | with administering, and funding scholarships to students | ||||||
20 | who are the children of immigrants to the United States. | ||||||
21 | (3) Publicizing the availability of scholarships from | ||||||
22 | the Illinois DREAM Fund. | ||||||
23 | (4) Selecting the recipients of scholarships funded | ||||||
24 | through the Illinois DREAM Fund. | ||||||
25 | (5) Researching issues pertaining to the availability | ||||||
26 | of assistance with the costs of higher education for the |
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1 | children of immigrants and other issues regarding access | ||||||
2 | for and the performance of the children of immigrants | ||||||
3 | within higher education. | ||||||
4 | (6) Overseeing implementation of the other provisions | ||||||
5 | of this amendatory Act of the 97th General Assembly. | ||||||
6 | (7) Establishing and administering training programs | ||||||
7 | for high school counselors and counselors, admissions | ||||||
8 | officers, and financial aid officers of public | ||||||
9 | institutions of higher education. The training programs | ||||||
10 | shall instruct participants on the educational | ||||||
11 | opportunities available to college-bound students who are | ||||||
12 | the children of immigrants, including, but not limited to, | ||||||
13 | in-state tuition and scholarship programs. The Illinois | ||||||
14 | DREAM Fund Commission may also establish a public awareness | ||||||
15 | campaign regarding educational opportunities available to | ||||||
16 | college bound students who are the children of immigrants. | ||||||
17 | The Illinois DREAM Fund Commission shall establish, by | ||||||
18 | rule, procedures for accepting and evaluating applications for | ||||||
19 | scholarships from the children of immigrants and issuing | ||||||
20 | scholarships to selected student applicants. | ||||||
21 | (c) To receive a scholarship under this Section, a student | ||||||
22 | must meet all of the following qualifications: | ||||||
23 | (1) Have resided with his or her parents or guardian | ||||||
24 | while attending a public or private high school in this | ||||||
25 | State. | ||||||
26 | (2) Have graduated from a public or private high school |
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1 | or received the equivalent of a high school diploma in this | ||||||
2 | State. | ||||||
3 | (3) Have attended school in this State for at least 3 | ||||||
4 | years as of the date he or she graduated from high school | ||||||
5 | or received the equivalent of a high school diploma. | ||||||
6 | (4) Have at least one parent who immigrated to the | ||||||
7 | United States. | ||||||
8 | (d) The Illinois Student Assistance Commission shall | ||||||
9 | establish an Illinois DREAM Fund to provide scholarships under | ||||||
10 | this Section. The Illinois DREAM Fund shall be funded entirely | ||||||
11 | from private contributions and from moneys received from the | ||||||
12 | tax checkoff established under Section 506DDD of the Illinois | ||||||
13 | Income Tax Act .
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14 | (Source: P.A. 97-233, eff. 8-1-11.)
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15 | Section 99. Effective date. This Act takes effect upon | ||||||
16 | becoming law.
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