IL HB5028 | 2017-2018 | 100th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on January 8 2019 - 100% progression
Action: 2019-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on January 8 2019 - 100% progression
Action: 2019-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Illinois Hydraulic Fracturing Tax Act. Provides that 50% of the moneys received under the Act shall be paid into the General Revenue Fund and 50% of the moneys received under the Act shall be paid into the Pension Relief Fund (currently, all of the moneys are paid into the General Revenue Fund). Provides that moneys in the Pension Relief Fund shall be used to make employer contributions required under certain provisions of the Illinois Pension Code. Amends the State Finance Act to make conforming changes.
Title
HYDRO FRAC TX-PROCEEDS
Sponsors
History
Date | Chamber | Action |
---|---|---|
2019-01-08 | House | Session Sine Die |
2018-04-13 | House | Rule 19(a) / Re-referred to Rules Committee |
2018-04-12 | House | To Sales and Other Taxes Subcommittee |
2018-03-07 | House | Assigned to Revenue & Finance Committee |
2018-02-14 | House | Referred to Rules Committee |
2018-02-14 | House | First Reading |
2018-02-14 | House | Filed with the Clerk by Rep. Charles Meier |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
30 | 105 | 5.886 | New Code | See Bill Text |
35 | 450 | 2-75 | Amended Code | Citation Text |
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=5028&GAID=14&DocTypeID=HB&SessionID=91&GA=100 |
Text | https://www.ilga.gov/legislation/100/HB/10000HB5028.htm |