HB 5014

  • Illinois House Bill
  • 95th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Gas Revenue Tax-Phase-Out

Abstract

Amends the Gas Revenue Tax Act. Provides that each July 1, beginning on July 1, 2008, the rate of the tax imposed for gas that is distributed, supplied, furnished, sold, or transported to a residential customer is reduced by $0.006 per therm until the rate of the tax is zero, but provides that, in no case, shall the tax be imposed with respect to gas that is distributed, supplied, furnished, sold, or transported to a residential customer on or after July 1, 2012. Effective immediately.

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Jan 13, 2009

House

Session Sine Die

Feb 13, 2008

House

Filed with the Clerk by Rep. George Scully, Jr.

House

First Reading

House

Referred to Rules Committee

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