Comments: IL SB3282 | 2023-2024 | 103rd General Assembly
Bill Title: Amends the Retailers' Occupation Tax Act. Requires each holder of a Direct Pay Permit to review its purchase activity by January 31 and July 31 of each year to verify that the purchases made in the preceding 6-month period were sourced correctly and the correct tax rate was applied. Sets forth penalties for failure to comply with the reporting requirements. Effective immediately.
Spectrum: Bipartisan Bill
Status: (Engrossed) 2024-05-06 - House Floor Amendment No. 2 Referred to Rules Committee [SB3282 Detail]
Text: Latest bill text (Engrossed) [HTML]
Spectrum: Bipartisan Bill
Status: (Engrossed) 2024-05-06 - House Floor Amendment No. 2 Referred to Rules Committee [SB3282 Detail]
Text: Latest bill text (Engrossed) [HTML]
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