Comments: IL SB3123 | 2019-2020 | 101st General Assembly

Bill Title: Amends the Tobacco Products Tax Act of 1995. Provides that, beginning on January 1, 2021, the tax per cigar or other rolled tobacco product shall not exceed $0.50 per cigar or roll. Provides that distributors are allowed a discount in the amount of 2% of the distributor's tax liability, but not to exceed $2,000 per return.

Sponsorship: Partisan Bill (Republican 1)

Status: (Failed) 2021-01-13 - Session Sine Die [SB3123 Detail]

Text: Latest bill text (Introduced) [HTML]

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