90th General Assembly
Status of HB3650
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HOLBROOK.

   30 ILCS 105/6z-18         from Ch. 127, par. 142z-18                        
   30 ILCS 105/6z-20         from Ch. 127, par. 142z-20                        

        Amends the State Finance Act.  Provides that the moneys paid into      
   the Local Government Tax Fund from  the  6.25%  general  rate  on  the      
   selling  price  of  tangible personal property purchased in this State      
   that is titled or registered by any agency of this State's  government      
   shall  be  equally  distributed  to the municipality or county, in the      
   case of an unincorporated area, where the retailer making the sale  is      
   located  and the municipality or the unincorporated area of the county      
   where the  address  is  given  for  title  or  registration  purposes.      
   Provides  that  if the address for titling or registration purposes is      
   outside of this State, the municipality or county, in the case  of  an      
   unincorporated  area,  where the retailer makes the sale shall receive      
   the entire amount attributable to the sale. Provides that  the  moneys      
   paid  into  the  County  and Mass Transit District Fund from the 6.25%      
   general rate on  the  selling  price  of  tangible  personal  property      
   purchased  in this State that is titled or registered by any agency of      
   this State's government shall be equally distributed in counties  with      
   fewer  than  3,000,000  inhabitants, with one-half going to the county      
   where the sale was made and one-half going to the county for which the      
   address for titling or registration purposes was given as be  in  that      
   county.   Provides  that  if  the  address for titling or registration      
   purposes is outside of this State, the county where the retailer makes      
   the sale shall receive the entire amount  attributable  to  the  sale.      
   Effective immediately.                                                      
   98-02-17  H  FILED WITH CLERK                                               
   98-02-17  H  FIRST READING                                                  
   98-02-17  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   99-01-12  H  SESSION SINE DIE                                               

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 Full Text  Bill Summary