IL SB0009 | 2017-2018 | 100th General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 11 2017 - 25% progression
Action: 2017-03-08 - Senate Floor Amendment No. 3 Pursuant to Senate Rule 3-8(b-1), this Amendment will remain in the Committee of Assignments.
Text: Latest bill text (Introduced) [HTML]

Summary

Creates the Sugar-Sweetened Beverage Tax Act. Imposes a tax on distributors of bottled sugar-sweetened beverages, syrups, or powders at the rate of $0.01 per ounce of bottled sugar-sweetened beverages sold or offered for sale to a retailer for sale in the State to a consumer. Requires those distributors to obtain permits. Provides that 2% of the moneys shall be deposited into the Tax Compliance and Administration Fund for the administrative costs of the Department of Revenue, and 98% of the moneys shall be deposited into the General Revenue Fund. Amends the Illinois Income Tax Act. Makes changes concerning the rate of tax. Extends the research and development credit for tax years ending prior to January 1, 2027. Creates an addition modification in an amount equal to the deduction for qualified domestic production activities allowed under Section 199 of the Internal Revenue Code. Makes changes concerning the definition of "unitary business group". Makes changes concerning estimated taxes. Amends the Film Production Services Tax Credit Act of 2008. Provides that no taxpayer may take a credit awarded under the Act for tax years beginning on or after January 1, 2027. Amends the Business Corporation Act of 1983. Makes changes concerning penalties and reports. Amends the Limited Liability Company Act. Makes changes concerning the fee for filing articles of organization. Effective immediately, but this Act does not take effect at all unless Senate Bills 1, 2, 3, 4, 5, 6, 7, 8, 10, 11, 12, and 13 of the 100th General Assembly become law.

Tracking Information

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Title

REVENUE-VARIOUS

Sponsors


History

DateChamberAction
2017-03-08SenateSenate Floor Amendment No. 3 Pursuant to Senate Rule 3-8(b-1), this Amendment will remain in the Committee of Assignments.
2017-03-02SenateSenate Floor Amendment No. 3 Referred to Assignments
2017-03-02SenateSenate Floor Amendment No. 3 Filed with Secretary by Sen. Toi W. Hutchinson
2017-02-08SenateSenate Floor Amendment No. 2 Pursuant to Senate Rule 3-8 (b-1), this amendment will remain in the Committee on Assignments.
2017-01-24SenatePlaced on Calendar Order of 3rd Reading January 25, 2017
2017-01-24SenateSecond Reading
2017-01-24SenateSenate Floor Amendment No. 2 Referred to Assignments
2017-01-24SenateSenate Floor Amendment No. 2 Filed with Secretary by Sen. Toi W. Hutchinson
2017-01-24SenatePlaced on Calendar Order of 2nd Reading January 24, 2017
2017-01-24SenateApproved for Consideration Assignments
2017-01-24SenateRe-referred to Assignments
2017-01-24SenatePostponed - Revenue
2017-01-24SenateSenate Committee Amendment No. 1 Referred to Assignments
2017-01-24SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Toi W. Hutchinson
2017-01-12SenateAssigned to Revenue
2017-01-11SenateReferred to Assignments
2017-01-11SenateFirst Reading
2017-01-11SenateFiled with Secretary by Sen. Toi W. Hutchinson

Code Citations

ChapterArticleSectionCitation TypeStatute Text
3510101-45Amended CodeCitation Text
351642Amended CodeCitation Text
3551501Amended CodeCitation Text
355201Amended CodeCitation Text
355203Amended CodeCitation Text
355212Amended CodeCitation Text
355225New CodeSee Bill Text
355804Amended CodeCitation Text
355901Amended CodeCitation Text
80518050-10Amended CodeCitation Text
805513.70Amended CodeCitation Text
805514.30Amended CodeCitation Text
805515.35Amended CodeCitation Text
805515.65Amended CodeCitation Text
805515.97Amended CodeCitation Text
805516.05Amended CodeCitation Text

Illinois State Sources


Bill Comments

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