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, beginning July 1, 2015, each month the Department shall pay into the Road Fund 80% of the net revenue realized for the preceding month from the sale of motor fuel and gasohol. Provides that, beginning July 1, 2015, each month the Department shall pay 20% of the net revenue realized for the preceding month from the sale of motor fuel and gasohol into certain local tax funds. Effective immediately.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2015-03-27 - Rule 19(a) / Re-referred to Rules Committee
[HB2942 Detail]
Bill Drafts
| Revision | Date | Format | Source | View |
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| Introduced | 2015-02-24 | HTML/Text | Link | View |
Amendments
| Amendment | Date | Disposition | Format | Source | View |
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| No bill amendments currently on file for Illinois HB2942 |
Supplemental Documents
| Title | Description | Date | Format | Source | View |
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| No supplemental documents for Illinois HB2942 currently on file. |
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