Comments: IL SB2036 | 2023-2024 | 103rd General Assembly

Bill Title: Amends the Tobacco Products Tax Act of 1995. Provides that, beginning January 1, 2024, the tax per cigar sold or otherwise disposed of shall not exceed $0.50 per cigar, excluding little cigars. Provides that distributors are allowed a discount in the amount of 2% of the distributor's tax liability but not more than $2,000 per return.

Sponsorship: Partisan Bill (Republican 1)

Status: (Failed) 2025-01-07 - Session Sine Die [SB2036 Detail]

Text: Latest bill text (Introduced) [HTML]

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