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.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2020-06-23 - Rule 19(b) / Re-referred to Rules Committee
[HB4048 Detail]
Bill Drafts
Revision | Date | Format | Source | View |
Introduced | 2020-01-09 | HTML/Text | Link | View |
Amendments
Amendment | Date | Disposition | Format | Source | View |
No bill amendments currently on file for Illinois HB4048 |
Supplemental Documents
Title | Description | Date | Format | Source | View |
No supplemental documents for Illinois HB4048 currently on file. |
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