Bill Texts: IL HB5860 | 2021-2022 | 102nd General Assembly

Bill Title: Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Reduces the rate of tax on motor fuel and gasohol to 1.25% (currently, 6.25%). Makes changes concerning the distribution of the proceeds from those taxes. Amends the State Finance Act to make conforming changes. Effective immediately.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2023-01-04 - Referred to Rules Committee [HB5860 Detail]

Bill Drafts

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Introduced2022-12-20HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois HB5860

Supplemental Documents

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No supplemental documents for Illinois HB5860 currently on file.

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