Senate Sponsors: LAUZEN. House Sponsors: PARKE Short description: TAXES-TRUST FOR THE STATE Synopsis of Bill as introduced: Amends the Use Tax Act, the Service Use Tax Act, and the Telecommunications Excise Tax Act. Deletes current provisions stating that amounts due under the Act constitute a debt to the State. Provides that a retailer or serviceman authorized to collect the taxes is liable for those taxes unless the retailer or serviceman pays the tax under the Retailers' Occupation Tax Act or the Service Use Tax Act. Provides that to the extent the retailer or serviceman collects the taxes, the taxes are held in trust for the benefit of the Department of Revenue. Amends the Uniform Penalty and Interest Act. Provides that any person who collects, withholds, or receives a tax under the Act holds the amount collected in trust for the Department of Revenue. Effective immediately. Last action on Bill: PUBLIC ACT.............................. 91-0203 Last action date: 99-07-20 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status