Bill Sponsors: IL SB1970 | 2017-2018 | 100th General Assembly
Bill Title: Creates the Financial Transaction Tax Act. Imposes a tax on the privilege of engaging in a financial transaction that occurs, is effectuated, consummated, executed, or cleared at a facility located in the State. Provides that the tax is imposed at a rate of $1 per contract for all transactions for which the underlying asset is an agricultural product and $2 per contract for all other contracts. Effective immediately.
Spectrum: Partisan Bill (Democrat 7-0)
Status: (Failed) 2019-01-09 - Session Sine Die [SB1970 Detail]
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Democrat 7-0)
Status: (Failed) 2019-01-09 - Session Sine Die [SB1970 Detail]
Text: Latest bill text (Introduced) [HTML]
Sponsors
Name | Type | Sponsorship | District | Financial | Encyclopedia | Biography |
---|---|---|---|---|---|---|
Senator Omar Aquino [D] | Primary | Sponsored Bills | SD-002 | FollowTheMoney | Ballotpedia | VoteSmart |
Senator Jacqueline Collins [D] | Cosponsor | Sponsored Bills | SD-016 | FollowTheMoney | Ballotpedia | VoteSmart |
Senator Ira Silverstein [D] | Cosponsor | Sponsored Bills | SD-008 | FollowTheMoney | Ballotpedia | VoteSmart |
Senator Cristina Castro [D] | Cosponsor | Sponsored Bills | SD-022 | FollowTheMoney | Ballotpedia | VoteSmart |
Senator Daniel Biss [D] | Cosponsor | Sponsored Bills | SD-009 | FollowTheMoney | Ballotpedia | VoteSmart |
Senator Iris Martinez [D] | Cosponsor | Sponsored Bills | SD-020 | FollowTheMoney | Ballotpedia | VoteSmart |
Senator Patricia Van Pelt [D] | Cosponsor | Sponsored Bills | SD-005 | FollowTheMoney | Ballotpedia | VoteSmart |