IL HB2942 | 2015-2016 | 99th General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 24 2015 - 25% progression, died in committee
Action: 2015-03-27 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 24 2015 - 25% progression, died in committee
Action: 2015-03-27 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that, beginning July 1, 2015, each month the Department shall pay into the Road Fund 80% of the net revenue realized for the preceding month from the sale of motor fuel and gasohol. Provides that, beginning July 1, 2015, each month the Department shall pay 20% of the net revenue realized for the preceding month from the sale of motor fuel and gasohol into certain local tax funds. Effective immediately.
Title
OCC TAX-ROAD FUND
Sponsors
Rep. Adam Brown [R] |
History
Date | Chamber | Action |
---|---|---|
2015-03-27 | House | Rule 19(a) / Re-referred to Rules Committee |
2015-03-13 | House | To Sales and Other Taxes Subcommittee |
2015-03-10 | House | Assigned to Revenue & Finance Committee |
2015-02-25 | House | Referred to Rules Committee |
2015-02-25 | House | First Reading |
2015-02-24 | House | Filed with the Clerk by Rep. Adam Brown |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
35 | 105 | 9 | Amended Code | Citation Text |
35 | 110 | 9 | Amended Code | Citation Text |
35 | 115 | 9 | Amended Code | Citation Text |
35 | 120 | 3 | Amended Code | Citation Text |
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2942&GAID=13&DocTypeID=HB&SessionID=88&GA=99 |
Text | https://www.ilga.gov/legislation/99/HB/09900HB2942.htm |