IL HB3164 | 2021-2022 | 102nd General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 18 2021 - 25% progression, died in committee
Action: 2021-03-27 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

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.

Tracking Information

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Title

REVENUE-WIRE TRANSFER

Sponsors


History

DateChamberAction
2021-03-27HouseRule 19(a) / Re-referred to Rules Committee
2021-03-16HouseAssigned to Revenue & Finance Committee
2021-02-19HouseReferred to Rules Committee
2021-02-19HouseFirst Reading
2021-02-18HouseFiled with the Clerk by Rep. Elizabeth Hernandez

Code Citations

ChapterArticleSectionCitation TypeStatute Text
11094767Amended CodeCitation Text

Illinois State Sources


Bill Comments

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