Bill > HB3038

This bill amends the Illinois Income Tax Act to create a new voluntary tax checkoff mechanism for the Illinois Youth and Government Fund, which will support the Illinois YMCA Youth and Government program. Starting in the 2025 tax year, the state's standard individual income tax form will include an option for taxpayers to voluntarily contribute at least $1 to this new special fund, with the understanding that the contribution will reduce their tax refund or increase the amount they must pay with their tax return. The Department of Commerce and Economic Opportunity will be responsible for using the funds to make grants to support the YMCA Youth and Government program, which typically provides educational opportunities for young people to learn about government, civics, and leadership. The bill also makes a corresponding amendment to the State Finance Act to formally establish the fund's legal framework, and it takes effect immediately upon passage.

Budget and Finance

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3038&GAID=18&DocTypeID=HB&SessionID=114&GA=104