HB 5584

  • Illinois House Bill
  • 101st Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Revenue-Wire Transfer

Abstract

Creates the Wire Transfer Tax Act. Provides that a tax of 1% of the amount transferred is imposed on each wire transfer originating from within the State. Provides that the moneys received from the tax shall be deposited into the Illinois DREAM Fund. Amends the Higher Education Student Assistance Act to make conforming changes.

Bill Sponsors (1)

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Actions


Jun 23, 2020

House

Rule 19(b) / Re-referred to Rules Committee

Mar 12, 2020

House

Assigned to Revenue & Finance Committee

Feb 18, 2020

House

First Reading

House

Referred to Rules Committee

Feb 14, 2020

House

Filed with the Clerk by Rep. Elizabeth Hernandez

Bill Text

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Sources

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