Comments: IL SB1817 | 2019-2020 | 101st General Assembly
Bill Title: Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that the tax imposed on mid-range ethanol blends applies to (i) 80% of the proceeds of sales made on or after July 1, 2019 and on or before December 31, 2023 and (ii) 100% of the proceeds of sales made thereafter. Provides that the term "mid-range ethanol blend" means a blend of gasoline and denatured ethanol that contains not less than 20% but less than 51% denatured ethanol. Makes changes to the definitions of "gasohol" and "majority blended ethanol fuel" to adjust the required percentage of ethanol. Effective immediately.
Spectrum: Slight Partisan Bill (Republican 2-1)
Status: (Failed) 2021-01-13 - Session Sine Die [SB1817 Detail]
Text: Latest bill text (Introduced) [HTML]
Spectrum: Slight Partisan Bill (Republican 2-1)
Status: (Failed) 2021-01-13 - Session Sine Die [SB1817 Detail]
Text: Latest bill text (Introduced) [HTML]
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