IL SB2574 | 2023-2024 | 103rd General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on May 4 2023 - 25% progression
Action: 2024-03-15 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the State Finance Act to create the Working Families Fund. Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act and various other tax Acts. Provides that the vendor discount is limited to $1,000 per calendar year. Provides for deposits into the Working Families Fund. Effective immediately.

Tracking Information

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Title

REVENUE-VENDOR DISCOUNT

Sponsors


History

DateChamberAction
2024-03-15SenateRule 3-9(a) / Re-referred to Assignments
2024-01-24SenateAssigned to Revenue
2023-05-04SenateReferred to Assignments
2023-05-04SenateFirst Reading
2023-05-04SenateFiled with Secretary by Sen. Javier L. Cervantes

Code Citations

ChapterArticleSectionCitation TypeStatute Text
23558-1Amended CodeCitation Text
23558-2Amended CodeCitation Text
301055.990New CodeSee Bill Text
301056z-139New CodeSee Bill Text
351059Amended CodeCitation Text
351109Amended CodeCitation Text
351159Amended CodeCitation Text
351203Amended CodeCitation Text
351302Amended CodeCitation Text
351353Amended CodeCitation Text
351456Amended CodeCitation Text
355052bAmended CodeCitation Text
355056Amended CodeCitation Text
355056aAmended CodeCitation Text
356306Amended CodeCitation Text

Illinois State Sources


Bill Comments

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