Bill Sponsors: IL SB2553 | 2023-2024 | 103rd General Assembly

Bill Title: Amends the Hotel Operators' Occupation Tax Act. Creates an exemption for gross rental receipts received by a hotel operator when renting, leasing, or letting rooms to an entity that (i) is organized and operated exclusively for charitable, religious, or educational purposes, (ii) possess an active Exemption Identification Number issued by the Department of Revenue pursuant to the Retailers' Occupation Tax Act, and (iii) rents the room in furtherance of the purposes for which the charitable, religious, or educational entity is organized. Effective immediately.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2024-05-03 - Rule 3-9(a) / Re-referred to Assignments [SB2553 Detail]

Text: Latest bill text (Introduced) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Senator Michael Halpin [D]PrimarySponsored BillsSD-036FollowTheMoneyBallotpediaVoteSmart

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