Bill Text: IL SB3225 | 2011-2012 | 97th General Assembly | Introduced
Bill Title: Amends the Retailers' Occupation Tax Act. Makes a technical change in a Section concerning the bonding requirement.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Failed) 2013-01-08 - Session Sine Die [SB3225 Detail]
Download: Illinois-2011-SB3225-Introduced.html
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1 | AN ACT concerning revenue.
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2 | Be it enacted by the People of the State of Illinois, | |||||||||||||||||||
3 | represented in the General Assembly:
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4 | Section 5. The Retailers' Occupation Tax Act is amended by | |||||||||||||||||||
5 | changing Section 2i as follows:
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6 | (35 ILCS 120/2i) (from Ch. 120, par. 441i)
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7 | Sec. 2i.
Notwithstanding any other provision to the
the | |||||||||||||||||||
8 | contrary, any person
who is required to file a bond pursuant to | |||||||||||||||||||
9 | any provision of this Act and
who has continuously complied | |||||||||||||||||||
10 | with all provisions of this Act for 24 or
more consecutive | |||||||||||||||||||
11 | months, shall no longer be required to comply with the
bonding | |||||||||||||||||||
12 | provisions of this Act so long as such person continues his | |||||||||||||||||||
13 | compliance
with the provisions of this Act. | |||||||||||||||||||
14 | (Source: P.A. 84-1408.)
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