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 30 days after the effective date of the amendatory Act, the cents per gallon rate established by the Department of Revenue for the prepayment of tax by motor fuel retailers may not exceed $0.18 per gallon for motor fuel and 80% of that amount for gasohol and biodiesel blends. Provides that the rate of tax imposed under the Acts for motor fuel, gasohol, majority blended ethanol fuel, and biodiesel and biodiesel blends may not exceed that prepayment amount set by the Department of Revenue. Effective immediately.
Spectrum: Partisan Bill (Republican 3-0)
Status: (Introduced) 2024-07-11 - Added as Co-Sponsor Sen. Jason Plummer
[SB3364 Detail]
Bill Drafts
Revision | Date | Format | Source | View |
Introduced | 2024-02-07 | HTML/Text | Link | View |
Amendments
Amendment | Date | Disposition | Format | Source | View |
No bill amendments currently on file for Illinois SB3364 |
Supplemental Documents
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No supplemental documents for Illinois SB3364 currently on file. |
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