SB 2080

Abstract

Amends the Department of Revenue Law of the Civil Administrative Code of Illinois. Requires the Department of Revenue to develop and implement a program to strengthen its collection of amounts due to the State under the Use Tax Act and the Retailers' Occupation Tax Act that are due to the State from sales of tangible personal property conducted over the Internet. Requires the Department to submit a report concerning the status of this program to the General Assembly and the Governor no later than January 1, 2006. Amends the Use Tax Act and the Retailers' Occupation Tax Act. Provides that 80% of the revenue received from retail sales conducted over the Internet must be deposited into the Common School Fund, and sets forth requirements for the deposit and use of the moneys. Amends the Telecommunications Excise Tax Act. Provides that, beginning July 1, 2005, digital subscriber line services are not considered telecommunications that are subject to the Act. Defines "digital subscriber line services". Effective immediately.