91st General Assembly
Summary of HB3240
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House Sponsors:
BEAUBIEN-WAIT-GARRETT-CURRIE-LINDNER, BIGGINS, BRUNSVOLD, 
   STEPHENS, TENHOUSE, MITCHELL,JERRY, PARKE, SKINNER, 
   MCAULIFFE, SAVIANO, WOJCIK, MYERS,RICHARD, ZICKUS, 
   MEYER, BASSI, WINKEL, CROSS, JONES,JOHN, PERSICO, 
   MOORE,ANDREA, SCHMITZ, RUTHERFORD, BELLOCK, HULTGREN, 
   MOFFITT, LAWFER, POE, KOSEL AND OSMOND.

Senate Sponsors:
LAUZEN-CULLERTON

Short description: 
TAXES-PENALTY & INTEREST-TECH                                              

Synopsis of Bill as introduced:
        Amends the Uniform Penalty and Interest Act.  Makes  a  technical      
   change  in a Section concerning a study conducted by the Department of      
   Revenue.                                                                    
        HOUSE AMENDMENT NO. 1.                                                 
          Deletes reference to:                                                
          35 ILCS 735/3-11                                                     
          Adds reference to:                                                   
          35 ILCS 735/3-2                 from Ch. 120, par. 2603-2            
          35 ILCS 735/3-3                 from Ch. 120, par. 2603-3            
          35 ILCS 735/3-7.5 new                                                
          35 ILCS 735/3-8                 from Ch. 120, par. 2603-8            
        Deletes everything.  Amends the Uniform Penalty and Interest Act.      
   Provides that interest shall accrue on overdue taxes (now, on  overdue      
   taxes  and penalties imposed). Provides for a penalty for late payment      
   or nonpayment of admitted liability of 2% of any amount that  is  paid      
   no  later  than  30  days after the due date, 5% of any amount that is      
   paid later than 30 days after the due date and not later than 90  days      
   after  the due date, 10% of any amount that is paid later than 90 days      
   after the due date and not later than 180 days after the due date, and      
   15% of any amount that is paid later than 180 days after the due date.      
   Provides that, in addition to any penalty provided in the Act,  a  fee      
   of  $25  shall  be  imposed  on any person who issues a check or other      
   draft  to  the  Department  of  Revenue  that  is  not  honored   upon      
   presentment.                                                                
 
Last action on Bill: PUBLIC ACT.............................. 91-0803

   Last action date: 00-06-13

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   1     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status