Bill Texts: IL HB4546 | 2015-2016 | 99th General Assembly

Bill Title: Amends the Service Occupation Tax Act and the Retailers' Occupation Tax Act. Provides that, by March 1, 2017, and by March 1 of each year thereafter, each business located in an enterprise zone may apply with the Department of Commerce and Economic Opportunity for a rebate in an amount not to exceed 1% of the amount the tax paid by the business under the Acts during the previous calendar year for the purchase of tangible personal property from a retailer or serviceman located in Illinois. Provides that the Department of Commerce and Economic Opportunity shall pay the rebates from moneys appropriated for that purpose. Effective immediately.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2016-01-27 - Referred to Rules Committee [HB4546 Detail]

Bill Drafts

RevisionDateFormatSourceView
Introduced2016-01-27HTML/TextLinkView

Amendments

AmendmentDateDispositionFormatSourceView
No bill amendments currently on file for Illinois HB4546

Supplemental Documents

TitleDescriptionDateFormatSourceView
No supplemental documents for Illinois HB4546 currently on file.

Social Comments on IL HB4546

feedback