Bill Text: IL HB5866 | 2011-2012 | 97th General Assembly | Amended
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Amends the Department of Revenue Law of the Civil Administrative Code of Illinois. Provides that the Department may revoke a certificate of registration, permit, or license of an entity that is in default for moneys due to the Department. Amends the State Finance Act to provide that the Department of Revenue may maintain a petty cash fund not to exceed $2,000. Amends the Illinois Income Tax Act. Provides that payments received in taxable years ending on or after December 31, 2012 from (i) the assignment of a prize under Section 13.1 of the Illinois Lottery Law, (ii) payments of winnings from pari-mutuel wagering conducted at a wagering facility licensed under the Illinois Horse Racing Act of 1975, and (iii) gambling games conducted on a riverboat licensed under the Riverboat Gambling Act are allocable to this State. Amends the Use Tax Act. Provides that retailers that do not possess a valid certificate of registration at the time the sale or sales are made upon which the discount is taken are not entitled to a vendor's discount under the Act.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Failed) 2013-01-08 - Session Sine Die [HB5866 Detail]
Download: Illinois-2011-HB5866-Amended.html
Bill Title: Amends the Department of Revenue Law of the Civil Administrative Code of Illinois. Provides that the Department may revoke a certificate of registration, permit, or license of an entity that is in default for moneys due to the Department. Amends the State Finance Act to provide that the Department of Revenue may maintain a petty cash fund not to exceed $2,000. Amends the Illinois Income Tax Act. Provides that payments received in taxable years ending on or after December 31, 2012 from (i) the assignment of a prize under Section 13.1 of the Illinois Lottery Law, (ii) payments of winnings from pari-mutuel wagering conducted at a wagering facility licensed under the Illinois Horse Racing Act of 1975, and (iii) gambling games conducted on a riverboat licensed under the Riverboat Gambling Act are allocable to this State. Amends the Use Tax Act. Provides that retailers that do not possess a valid certificate of registration at the time the sale or sales are made upon which the discount is taken are not entitled to a vendor's discount under the Act.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Failed) 2013-01-08 - Session Sine Die [HB5866 Detail]
Download: Illinois-2011-HB5866-Amended.html
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| 1 | AMENDMENT TO HOUSE BILL 5866
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| 2 | AMENDMENT NO. ______. Amend House Bill 5866 on page 1, line | ||||||
| 3 | 6, after "2505-380", by inserting "and by adding Section | ||||||
| 4 | 2505-255"; and
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| 5 | on page 1, immediately below line 6, by inserting the | ||||||
| 6 | following:
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| 7 | "(20 ILCS 2505/2505-255 new) | ||||||
| 8 | Sec. 2505-255. Payment by credit card. The Department may | ||||||
| 9 | adopt rules and regulations for payment by credit card of any | ||||||
| 10 | amount due under any Act administered by the Department only | ||||||
| 11 | when the Department is not required to pay a discount fee | ||||||
| 12 | charged by the credit card issuer.".
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