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 the taxes on motor fuel and gasohol shall be imposed at the following rates: (1) 5.25% from July 1, 2013 through June 30, 2014; (2) 4.25% from July 1, 2014 through June 30, 2015; (3) 3.25% from July 1, 2015 through June 30, 2016; (4) 2.25% from July 1, 2016 through June 30, 2017; and (5) 1.25% on and after July 1, 2017. Makes changes concerning the distribution of proceeds. Effective immediately.

Sponsorship: Partisan Bill (Republican 1)

Status: (Failed) 2014-12-03 - Session Sine Die [HB3025 Detail]

Text: Latest bill text (Introduced) [HTML]

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