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Home > Illinois > HB0908
Chief Sponsor:

Sidney H. Mathias

Tagged in: Tax

Latest Update: Tuesday, December, 02nd 2008

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USE & OCC TAX-LOCAL GOVT MONEY

Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailer's Occupation Tax Act. Provides that 0.4% of the net revenues realized for the preceding month from the State's portion of the general rate of tax imposed under the Acts shall be paid by the Department of Revenue into the Local Government Distributive Fund (reverting to the distribution in place prior to State fiscal year 2003). Effective July 1, 2007.
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Latest Actions
  • 03/23/2007 - Rule 19(a) / Re-referred to Rules Committee
  • 03/02/2007 - Added Co-Sponsor Rep. Patrick J Verschoore
  • 03/02/2007 - Added Co-Sponsor Rep. Kurt M. Granberg
  • 03/02/2007 - Added Co-Sponsor Rep. Brandon W. Phelps
  • 03/02/2007 - Added Co-Sponsor Rep. Michael K. Smith

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Bill Text
File name Last Updated
HB0908 Bill Text Introduced PDF07/03/2007