IL HB5748 | 2017-2018 | 100th General Assembly
Status
Completed Legislative Action
Sponsorship: Moderate Partisan Bill (Republican 7-1)
Status: Failed on January 8 2019 - 100% progression
Action: 2019-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Sponsorship: Moderate Partisan Bill (Republican 7-1)
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 the tax rate for the severance and production of oil or gas shall be 1.5% (rather than 3%) of the value of the oil or gas. Provides that for oil the tax shall be: (i) 1.5% of the value of the oil (rather than 3%) where the average daily production from the well in a month is less than 25 barrels; (ii) 2% of the value of the oil (rather than 4%) where the average daily production from the well in a month is between 25 barrels and 50 barrels; (iii) 2.5% of the value of the oil (rather than 5%) where the average daily production from the well in a month is between 50 barrels and 100 barrels; and (iv) 3% of the value of the oil (rather than 6%) where the average daily production from the well in a month is 100 barrels or more. Provides that for gas the tax shall be 3% (rather than 6%) of the value of the gas. Amends the Hydraulic Fracturing Regulatory Act. Deletes language stating that every applicant for a high volume horizontal hydraulic fracturing permit shall include a traffic management plan on his or her application.
Title
HYDRAULIC FRAC-TAX&APPLICATION
Sponsors
| Rep. Jerry Costello [D] | Rep. Brad Halbrook [R] | Rep. Allen Skillicorn [R] | Sen. Terri Bryant [R] |
| Rep. John Cavaletto [R] | Rep. Charles Meier [R] | Rep. David Reis [R] | Rep. Dave Severin [R] |
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 |
| 2018-03-29 | House | Added Co-Sponsor Rep. Dave Severin |
| 2018-03-29 | House | Added Co-Sponsor Rep. David B. Reis |
| 2018-03-29 | House | Added Co-Sponsor Rep. Charles Meier |
| 2018-03-29 | House | Added Co-Sponsor Rep. John Cavaletto |
| 2018-03-29 | House | Added Co-Sponsor Rep. Terri Bryant |
| 2018-03-21 | House | Assigned to Revenue & Finance Committee |
| 2018-03-08 | House | Chief Co-Sponsor Changed to Rep. Brad Halbrook |
| 2018-03-08 | House | Added Chief Co-Sponsor Rep. Brad Halbrook |
| 2018-03-08 | House | Added Co-Sponsor Rep. Allen Skillicorn |
| 2018-02-16 | House | Referred to Rules Committee |
| 2018-02-16 | House | First Reading |
| 2018-02-16 | House | Filed with the Clerk by Rep. Jerry Costello, II |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 225 | 732 | 1-35 | Amended Code | Citation Text |
| 35 | 450 | 2-15 | Amended Code | Citation Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=5748&GAID=14&DocTypeID=HB&SessionID=91&GA=100 |
| Text | https://www.ilga.gov/legislation/100/HB/10000HB5748.htm |
