IL SB1405 | 2013-2014 | 98th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 13 2015 - 100% progression
Action: 2015-01-13 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 13 2015 - 100% progression
Action: 2015-01-13 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Local Tax Collection Act. Provides that the amount to be paid to each municipality or county under the Act shall not include credit memoranda and shall not include the following amounts: (i) an amount equal to the amount of refunds made during the second preceding calendar month by the Department of behalf of such county or municipality; (ii) an amount the Department determines is necessary to offset any amounts which were erroneously paid to a different taxing body; and (iii) any amount which the Department determines is necessary to offset any amounts which are payable to a different taxing body but were erroneously paid to the municipality or county. Provides that the Comptroller shall issue orders for payment within 10 (instead of 7) days after receiving the Department's certification. Provides that 2% of the amounts paid to each municipality or county (or a greater amount as specified in an agreement between the Department and the municipality or county) shall be deposited into the Tax Compliance and Administration Fund to cover the costs incurred by the Department in administering and enforcing the Act (now, 2% is deposited into the General Revenue Fund). Effective immediately.
Title
LOCAL TAX COLLECTION-OFFSETS
Sponsors
History
Date | Chamber | Action |
---|---|---|
2015-01-13 | Senate | Session Sine Die |
2013-03-22 | Senate | Rule 3-9(a) / Re-referred to Assignments |
2013-03-20 | Senate | Postponed - Revenue |
2013-03-13 | Senate | Postponed - Revenue |
2013-03-06 | Senate | Postponed - Revenue |
2013-02-28 | Senate | Postponed - Revenue |
2013-02-14 | Senate | Assigned to Revenue |
2013-02-06 | Senate | Referred to Assignments |
2013-02-06 | Senate | First Reading |
2013-02-06 | Senate | Filed with Secretary by Sen. Iris Y. Martinez |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
35 | 720 | 1 | Amended Code | Citation Text |
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1405&GAID=12&DocTypeID=SB&SessionID=85&GA=98 |
Text | https://www.ilga.gov/legislation/98/SB/09800SB1405.htm |