HB 4641

  • Illinois House Bill
  • 98th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Use/Occ Tax-Motor Fuel

Abstract

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, 2014 through June 30, 2015; (2) 4.25% from July 1, 2015 through June 30, 2016; (3) 3.25% from July 1, 2016 through June 30, 2017; (4) 2.25% from July 1, 2017 through June 30, 2018; and (5) 1.25% on and after July 1, 2018. Makes changes concerning the distribution of proceeds. Amends the State Finance Act to make conforming changes. Effective immediately.

Bill Sponsors (1)

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Actions


Dec 03, 2014

House

Session Sine Die

Mar 28, 2014

House

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

Feb 20, 2014

House

To Sales and Other Taxes Subcommittee

Feb 18, 2014

House

Assigned to Revenue & Finance Committee

Feb 05, 2014

House

First Reading

House

Referred to Rules Committee

Feb 04, 2014

House

Filed with the Clerk by Rep. Wayne Rosenthal

Bill Text

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