<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 4434   </title>
<shortdesc>INC TX-PAY MORE FUND</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Timothy L. Schmitz</sponsors>
</sponsor>
<lastaction>
<statusdate>1/11/2011</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>20 ILCS 2505/2505-755 new</reference><aliasreference></aliasreference><reference>30 ILCS 105/5.721 new</reference><aliasreference></aliasreference><reference>30 ILCS 105/6z-76 new</reference><aliasreference></aliasreference><reference>35 ILCS 5/507SS new</reference><aliasreference></aliasreference><SynopsisText>     Amends the State Finance Act. Creates the "I Want to Pay More" Fund. Provides that, on the first day of each month, the State Treasurer and the State Comptroller shall transfer all moneys remaining in the "I Want to Pay More" Fund to the General Revenue Fund. Provides that the Department of Revenue shall oversee the Fund. Amends the Illinois Income Tax Act. Creates an income tax checkoff for voluntary contributions to the "I Want to Pay More" Fund. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>4/3/2009</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Timothy L. Schmitz</action>
<statusdate>4/6/2009</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>4/6/2009</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/11/2011</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

