Bill Title: Amends the Uniform Penalty and Interest Act. Provides that provisions imposing a penalty of $100 for failure to file a transaction reporting return under the Retailers' Occupation Tax Act or the Use Tax Act apply only to transaction reporting returns that would not, when properly prepared and filed, result in the imposition of a tax (currently, those provisions apply regardless of whether a tax would be imposed). Provides that transaction reporting returns that would result in the imposition of a tax when properly prepared and filed are subject to the standard penalty for failure to file (2% of the tax required to be shown due on the return, up to a maximum amount of $250). Effective immediately.

Sponsorship: Bipartisan Bill

Status: (Passed) 2015-08-10 - Public Act . . . . . . . . . 99-0335 [SB1608 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Chaptered	2015-08-11	HTML/Text	Link	View
Enrolled	2015-06-04	HTML/Text	Link	View
Engrossed	2015-04-22	HTML/Text	Link	View
Introduced	2015-02-20	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
House Amendment 001	2015-05-30	Proposed	HTML/Text	Link	View

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois SB1608 currently on file.