IL HB4300 | 2019-2020 | 101st General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 28 2020 - 25% progression, died in committee
Action: 2020-01-28 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 28 2020 - 25% progression, died in committee
Action: 2020-01-28 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Creates the Coal Severance Tax Act. Imposes a tax upon the severance and preparation of coal for sale, profit, or commercial use, if the coal is severed from a mine located in this State. Provides that the rate of tax is 5% of the gross value of the severed coal. Contains provisions concerning returns and penalties. Effective January 1, 2020.
Title
COAL SEVERANCE TAX
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2020-01-28 | House | Referred to Rules Committee |
| 2020-01-28 | House | First Reading |
| 2020-01-28 | House | Filed with the Clerk by Rep. Daniel Didech |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 30 | 105 | 5.891 | New Code | See Bill Text |
| 30 | 105 | 5.892 | New Code | See Bill Text |
| 30 | 105 | 5.893 | New Code | See Bill Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=4300&GAID=15&DocTypeID=HB&SessionID=108&GA=101 |
| Text | https://www.ilga.gov/legislation/101/HB/10100HB4300.htm |
