90th General Assembly
Summary of SB0804
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Senate Sponsors:
WEAVER,S.

House Sponsors:
MOORE,ANDREA-LEITCH-BLACK

Short description: 
UTIL TXES-ELEC FUNDS TRANSFER                                              

Synopsis of Bill as introduced:
        Amends the Gas Revenue Tax Act, the Public Utilities Revenue Act,      
   the Water Company Invested Capital Tax Act, and the Telecommunications      
   Excise Tax Act.  Provides  that  a  taxpayer  may  make  the  payments      
   required under those Acts by electronic funds transfer.  Provides that      
   the  Department of Revenue shall adopt rules necessary to effectuate a      
   program of electronic funds transfer.  Effective immediately.               
        HOUSE AMENDMENT NO. 1.                                                 
          Adds reference to:                                                   
          35 ILCS 615/1                   from Ch. 120, par. 467.16            
        Further amends the  Gas  Revenue  Tax  Act.   Provides  that  the      
   exemption from "gross receipts" for any charge for gas or gas services      
   to  a customer who acquired contractual rights for the direct purchase      
   of gas or gas services originating from an  out-of-State  supplier  or      
   source  includes  any  charge for gas or gas service, except for those      
   charges solely related to the local distribution of gas  by  a  public      
   utility, to a customer who maintained an account with a public utility      
   for  the  transportation  of  customer-owned gas on or before March 1,      
   1995.  Provides that these amendatory provisions  are  declarative  of      
   existing law.                                                               
        HOUSE AMENDMENT NO. 2.                                                 
          Adds reference to:                                                   
          220 ILCS 5/9-222.4 new                                               
        Amends the  Public  Utilities  Act.   Provides  that  a  business      
   enterprise  that  (i)  makes  investments that cause the creation of a      
   minimum of 150 full-time equivalent jobs in a county with a population      
   of 125,000 or less, (ii) is located adjacent to or has  a  portion  of      
   its  property located in an enterprise zone, and (iii) is certified by      
   the Department of Commerce and Community Affairs shall be  exempt,  to      
   the  extent  of  a  percentage  specified by DCCA, from the additional      
   charges added to the business enterprise's utility bills as a  pass-on      
   of  State utility taxes. The exemption is available until December 31,      
   2003.                                                                       
 
Last action on Bill: TOTAL VETO STANDS

   Last action date: 97-10-30

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   2     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status