IL HB3313 | 2011-2012 | 97th General Assembly

Status

Completed Legislative Action
Sponsorship: Partisan Bill (Republican 2)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Amended) [HTML]

Summary

Amends the State Finance Act and the Central Illinois Economic Development Authority Act. Creates the Central Illinois Economic Development Authority Debt Fund. Provides that moneys in the Fund shall be allocated and appropriated by law to the Central Illinois Economic Development Authority for the purpose of paying the debt service requirements on bonds and notes of the Authority. Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that each month $1,875,000 shall be deposited into the Central Illinois Economic Development Authority Debt Fund in the aggregate from proceeds collected under each of the Acts within Macon, Sangamon, Menard, Logan, Christian, DeWitt, Macoupin, Montgomery, Calhoun, Greene, or Jersey County. Effective immediately.

Tracking Information

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Title

USE/OCC TAX-CIEDA BOND FUND

Sponsors


History

DateChamberAction
2013-01-08HouseSession Sine Die
2011-03-17HouseRule 19(a) / Re-referred to Rules Committee
2011-03-17HouseHouse Committee Amendment No. 1 Tabled Pursuant to Rule 40
2011-03-16HouseHouse Committee Amendment No. 1 Referred to Rules Committee
2011-03-16HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Daniel J. Burke
2011-02-28HouseAssigned to Executive Committee
2011-02-28HouseAdded Chief Co-Sponsor Rep. Adam Brown
2011-02-24HouseReferred to Rules Committee
2011-02-24HouseFirst Reading
2011-02-24HouseFiled with the Clerk by Rep. Bill Mitchell

Code Citations

ChapterArticleSectionCitation TypeStatute Text
301055.786New CodeSee Bill Text
351059Amended CodeCitation Text
351109Amended CodeCitation Text
351159Amended CodeCitation Text
351203Amended CodeCitation Text
7050442New CodeSee Bill Text

Illinois State Sources


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