IL SB1869 | 2023-2024 | 103rd General Assembly
Status
Spectrum: Bipartisan Bill
Status: Introduced on February 9 2023 - 25% progression
Action: 2023-03-31 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 9 2023 - 25% progression
Action: 2023-03-31 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that the tax imposed on mid-range ethanol blends applies to (i) 80% of the proceeds of sales made on or after July 1, 2023 and on or before December 31, 2030 and (ii) 100% of the proceeds of sales made thereafter. Provides that the term "mid-range ethanol blend" means a blend of gasoline and denatured ethanol that contains at least 20% but less than 51% denatured ethanol. Makes changes to the definitions of "gasohol" and "majority blended ethanol fuel" to adjust the percentages of ethanol that must be included in those motor fuels. Provides that, on and after July 1, 2023 and prior to December 31, 2030, the tax shall be imposed on 90% of the proceeds of sales of gasohol. Effective immediately.
Title
USE/OCC TX-ETHANOL
Sponsors
History
Date | Chamber | Action |
---|---|---|
2023-03-31 | Senate | Rule 3-9(a) / Re-referred to Assignments |
2023-03-21 | Senate | Rule 2-10 Committee Deadline Established As March 31, 2023 |
2023-03-21 | Senate | Re-assigned to Revenue |
2023-03-10 | Senate | Rule 3-9(a) / Re-referred to Assignments |
2023-02-22 | Senate | Added as Co-Sponsor Sen. Sally J. Turner |
2023-02-21 | Senate | Assigned to Revenue |
2023-02-09 | Senate | Referred to Assignments |
2023-02-09 | Senate | First Reading |
2023-02-09 | Senate | Filed with Secretary by Sen. Patrick J. Joyce |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
35 | 105 | 3-10 | Amended Code | Citation Text |
35 | 105 | 3-40 | Amended Code | Citation Text |
35 | 105 | 3-44 | Amended Code | Citation Text |
35 | 105 | 3-44.3 | New Code | See Bill Text |
35 | 110 | 3-10 | Amended Code | Citation Text |
35 | 115 | 3-10 | Amended Code | Citation Text |
35 | 120 | 2-10 | Amended Code | Citation Text |
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1869&GAID=17&DocTypeID=SB&SessionID=112&GA=103 |
Text | https://www.ilga.gov/legislation/103/SB/10300SB1869.htm |